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726 Main St
Polk, PA 16342
Dollar General · Retail Property For Sale
Investment Highlights
- Single Tenant, Net-Leased, Dollar General, Backed by a Corporate Guaranty in Polk, PA
- Backed by the Full Corporate Guaranty of Dollar General Nearly 21,000 Locations and $42.7 Billion in Annual Sales
Executive Summary
The Brandon Michaels Group of Marcus & Millichap, as Exclusive Advisor, is pleased to present 726 Main Street (the ‘Property’), a 7,545-square-foot, single-tenant retail building net-leased to Dollar General and guaranteed by Dollar General Corporation (NYSE: DG), situated on a 1.32-acre parcel in Polk, Pennsylvania. The Property is offered at $1,148,000, an 8.00% capitalization rate on in-place net operating income, as a passive, net-leased investment backed by a corporate guaranty.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
7,545 SF
Building Class
B
Year Built
2019
Price
$1,148,000
Price Per SF
$152.15
Cap Rate
8%
NOI
$91,840
Tenancy
Single
Building Height
1 Story
Building FAR
0.21
Lot Size
0.83 AC
Zoning
345
Parking
60 Spaces (7.95 Spaces per 1,000 SF Leased)
Frontage
80’ on Main St
Property Taxes
| Parcel Number | 21-004-024-000 | Improvements Assessment | $580,500 |
| Land Assessment | $29,820 | Total Assessment | $610,320 |
Property Taxes
Parcel Number
21-004-024-000
Land Assessment
$29,820
Improvements Assessment
$580,500
Total Assessment
$610,320
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