Family Dollar | Triple Net (NNN) Lease
$1,820,089
70 Railroad Street, Youngsville, PA 16371
For Sale
Retail
Free Standing
Pending
Last Updated: 08/24/2021
6.75
Cap Rate
122,856
NOI
Details:
Cap Rate: 6.75%
NOI: $122,856
Building Size: 8,320 sqft
Lot Area: 1.93 acres
Lease Type: Triple Net
Year Built: 2014
Price Per Sqft: $218.76
Roof & Structure: Tenant’s Responsibility
HVAC: Tenant’s Responsibility
Repairs & Maintenance: Tenant’s Responsibility
Highlights:
- Corporate Guaranteed Lease – NYSE : (DLTR)
- Rare Triple Net (NNN) Family Dollar Lease With CPI Increases In the Primary Term
- Strategically Located Between the Youngsville Elementary and High Schools
- Demographics Show a Population of 24,566 Residents Making an Average Household Income of $61,937 Within a 10-Mile Radius
- Adjacent to the Brokenstraw Valley Winery & Event Center Which Holds Tastings, Comedy Shows, Wine & Spirits Night, Sip and Paint and Other Events
- Youngsville is Located Near the Pennsylvania and New York State Lines and is Just About an Hour From Lake Erie
- Warren County Fairgrounds is Less Than 5-Miles Away and is Holding Their 90th Year Celebration in August of 2021; They Are Also Home to the Annual Wild Wind Folk Art & Craft Festival Currently in Their 41st Year, the Warren County Fair & Livestock Show
- 50-Miles From Downtown Erie, PA; 130-Miles From Pittsburgh, PA; 144-Miles to Cleveland
- The Allegheny National Forest Backs Up to the City and Provides Quality Hardwood For Furniture and Other Needs; It Also Provides Ample Space For Camping, Trails For Skiing and Hiking, Fishing Piers and Areas to Watch Wildlife
- Nearby Tenants Include: TOPS Friendly Markets, United States Postal Service, PNC Bank, NAPA Auto Parts, Dairy Queen Grill & Chill, Northwest Bank, Dollar General and More
Description:
Sands Investment Group is Pleased to Exclusively Offer for Sale the 8,320 SF Family Dollar Located at 70 Railroad Street in Youngsville, Pennsylvania. This Opportunity Includes a Triple Net (NNN) Lease With Rent Rental Increases Built into the Primary Lease.
In Cooperation With Sands Investment Group
Philadelphia, LLC - Lic. # RB069072
Documents:
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Offering Memorandum |
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