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Dollar General 996 Barn St 8,000 SF 4-Star Retail Building Hooversville, PA 15936 $632,250 ($79.03/SF) 7.75% Cap Rate
Investment Highlights
- Dollar General Location Build-to-Suit in 2014 | 8,000-SF on a Large +/-2.37-AC Parcel
- Minimal Landlord Responsibilities | Landlord is Responsible for Roof, Structure and Parking Lot | 29 Parking Spaces With Landscaped Exterior
- Boasts High Visibility Along the Main Road Through Downtown Hooversville | 15 Miles From Johnstown, PA The Largest City in Cambria County
- New 10-Year Double Net (NN) Lease with 10% Rental Increases in Each of Three, 5-Year Option Terms| Corporately Guaranteed Lease
- Corner Location With Easy Access From All Traffic Directions and Two Points of Ingress and Egress
- 30 Miles From Seven Springs Mountain Resort, an All Season Ski, Golf and Outdoor Sports Resort, Seeing Over 1 Million Annual Visitors
Executive Summary
Dollar General Location Build-to-Suit in 2014 | 8,000-SF on a Large +/-2.37-AC Parcel
Property Facts
Sale Type
Investment
Sale Condition
Build to Suit
Property Type
Retail
Property Subtype
Freestanding
Building Size
8,000 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2014
Price
$632,250
Price Per SF
$79.03
Cap Rate
7.75%
NOI
$49,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
2.37 AC
Parking
30 Spaces (3.75 Spaces per 1,000 SF Leased)
Frontage
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Retailer
- -
- $6.12
- Double Net
- Oct 2030
Dollar General is a national discount retailer operating multiple neighborhood-scale stores throughout New Port Richey, Florida. The Massachusetts Avenue location serves surrounding residential neighborhoods with a broad assortment of everyday necessities at low price points. The store offers groceries, snacks, health and beauty products, cleaning supplies, basic apparel, paper goods, seasonal items, and private-label merchandise.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Retailer | - | $6.12 | Double Net | Oct 2030 |
Property Taxes
| Parcel Number | 180003980 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $158,630 |
Property Taxes
Parcel Number
180003980
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$158,630
Contacts
-
Darpan Patel -
Dante Moretti -
Dan Yozwiak -
Sam Elyassaki -
Peter Sibicky -
Timothy Stephenson, Jr. -
Marcus & Millichap
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Dollar General | 996 Barn St
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