454 S Washington St
Eau Claire, PA 16030
Retail Property For Sale

Fundamental Location & Visibility - Located 67 Miles Northeast of Pittsburgh - Brand new +/-9,026 sq. ft Building located on +/-1.22 acre parcel - 2018 Construction with Metal Wall Panels and Concrete Masonry Optimal Tenant with Ideal Lease Structure - Absolute NNN Lease Structure - 15 Year Corporate Lease with Two (2) 5 Year Renewal Options and One (1) 4 Year and 11 Month Renewal Option - 10% Rent Escalations During Each Option Period - Stellar Lease Guarantor: Dollar General Corporation maintains a “BBB“ Standard & Poor’s bond rating (Investment Grade) - Dollar General has become one of the most profitable retailers in the U.S. with revenue reaching around $23.5 billion in 2017, according to The Wall Street Journal. - Dollar General’s aggressive growth strategy of 900 new store openings in 2018 makes it so that 75% of the U.S. population lives within 5 miles of a Dollar General. Economic Drivers - Butler Health System serves the 7-county region bringing in people from the surrounding trade areas (50+ primary care offices; Butler Memorial Hospital: 296 beds | 325+ physicians | 2,000+ employees) - Close proximity to Pittsburgh drives visitors to Butler County - Over $600 million spent each year by tourists in Butler County - Tourism provides more than 4,000 jobs in the county