Family Dollar | Triple Net (NNN) Lease
70 Railroad Street, Youngsville, PA
For Sale
Retail
Free Standing
$1,820,089
Price
6.75%
Cap Rate
$122,856
NOI
Overview
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
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
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
Documents
Title | ||
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Offering Memorandum |