805 Avenue of the States
Chester, PA 19013
Dollar General · Retail Property For Sale

Marcus & Millichap is pleased to present the exclusive listing for a Dollar General located at 805 Avenue of the States in Chester, Pennsylvania. Built in 2016, the property consists of 7,489 square feet of building space and is situated on a 1.50-acre parcel. This investment is subject to an absolute triple net (NNN) lease and has roughly 15 years remaining on an original 15-year lease. This is a corporate location and is guaranteed by Dollar General corporate (NYSE: DG), which has an investment grade credit rating (S&P BBB, Stable). The base rent is $132,900 and is subject to 10 percent (10%) rental escalations in each tenant renewal option. Tenant shall be entitled to extend the term of the Lease for two (2) successive periods of five (5) years each and one (1) successive period of four (4) years and eleven (11) months. This Dollar General property is located at 805 Avenue of the States in Chester, Pennsylvania. Chester is a city in Delaware County and is situated on the Delaware River, between the cities of Philadelphia and Wilmington, Delaware. Chester is located less than 14 miles south of Philadelphia, the most populous city in the state of Pennsylvania. This Dollar General property has approximately 86,099 people residing within a three-mile radius of the property and over 194,919 people residing within a five-mile radius. The subject property benefits from its position on Avenue of the States, which has an average daily traffic count of 14,480 vehicles. The subject property is also situated near the entrance/exit ramp for U.S. Interstate 95, which has an average daily traffic count of 138,297 vehicles.