Belle Vernon, PA - Dollar General

Description:

• 15-year lease with 2 (5-Year) & 1 (4-Years 11-Months) options to extend, demonstrating their long-term commitment to the site
• The lease is corporate guaranteed by Dollar General, Corp., an investment grade (S&P: BBB), nationally recognized, and an established discount store with more than 18,000 locations
• The lease features 10% rental increases at the beginning of each option, growing NOI and hedging against inflation
• Tenant pays for CAM, taxes, insurance and maintains all aspects of the premises
• No landlord responsibilities
• Ideal, management-free investment for a passive investor

• Brand new construction which features high-level finishes and distinct design elements
• Subject property is positioned along State Highway 51 (10,000 VPD)
• Asset is located near Rostraver Airport, providing a direct consumer base from which to draw
• More than 153,000 residents and 49,000 employees support the 10-mile area
• $81,342 average household income withing 3-mile radius
• Approximately 21 miles South of Pittsburgh, PA