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523 Franklin Ave
Vandergrift, PA 15690
Retail Property For Sale
Investment Highlights
- Over 5 Years Remaining: On the primary lease term including three, 5-year options with 10% rental increases.
- Limited Landlord Responsibilities: NN+ lease structure making this a hands-off opportunity for any investor.
- Robust Population Density: Over 29,000 people living within a 5-mile radius providing a strong customer base for this store.
- Investment Grade Credit: Corporate Guarantee by Dollar General, which boasts a S&P credit rating of BBB.
- Local Positioning: Strategically located in the main town of Vandergrift, PA providing easy access to the storefront for local residents.
- Pittsburgh MSA: Located less than 25 miles from downtown Pittsburgh, PA further solidifying the strong customer base and strategic site
Property Facts
Property Type
Retail
Property Subtype
Freestanding
Building Size
8,795 SF
Building Class
C
Year Built/Renovated
1970/2018
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
1.32 AC
Parking
30 Spaces (3.41 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Signage
Property Taxes
| Parcel Number | 37-01-10-0-038 | Improvements Assessment | $34,900 |
| Land Assessment | $19,850 | Total Assessment | $54,750 |
Property Taxes
Parcel Number
37-01-10-0-038
Land Assessment
$19,850
Improvements Assessment
$34,900
Total Assessment
$54,750
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