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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
Property Facts
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Retailer
- -
- $6.12
- Double Net
- Oct 2030
Dollar General began in 1939 as J.L. Turner and Son Wholesale Company, a dry-goods business started by J.L. Turner and Cal Turner Sr., and the first Dollar General store opened in the mid-1950s. The company operates a discount retail model through Dollar General, DG Market, DGX, and pOpshelf formats, serving customers with food, health and wellness products, cleaning and laundry supplies, self-care and beauty items, seasonal décor, private brands, and national labels. Dollar General supports online shopping and positions itself around affordable everyday goods and community-focused services.
| 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
Contacts
-
Darpan Patel -
Dante Moretti -
Dan Yozwiak -
Sam Elyassaki -
Peter Sibicky -
Timothy Stephenson, Jr. -
Marcus & Millichap
Presented by
996 Barn St
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