3215 Versailles Ave
Mckeesport, PA 15132
Family Dollar · Retail Property For Sale

CBRE is pleased to exclusively present for sale this new construction Family Dollar property located on Versailles Ave in McKeesport (Pittsburgh), PA. This is a NNN lease with no landlord responsibilities or expenses. There are over 13 years remaining in the initial lease which was a rare 15.25 year term. The lease also boasts a 10% rental increase in year 11 and in each of the six, five year option periods. Family Dollar sits on approximately 0.59 acres at the corner of Craig Street and Versailles Ave. This is a neighborhood location for Family Dollar and is easily walkable for its many surrounding residents. The property also has plenty of parking for the 5,237 vehicles traveling by daily. Family Dollar is ideally situated 0.8 miles from the McKeesport Area Senior High School and 1 mile from the Penn State Greater Allegheny Campus. This is a densely populated area with over 15,400 people within 1 mile, over 59,600 people within 3 miles and over 140,000 people within 5 miles. There is no dollar store competition within 1 mile of the subject property, making this a go to store for residents nearby. Family Dollar operates general merchandise retail discount stores, offering merchandise generally ranging in price from $1-$10 including consumables, home products, apparel & accessories, electronics and seasonal goods to primarily low and middle-income consumers. On July 6, 2015, Family Dollar was acquired by Dollar Tree.