Mckeesport PA - Dollar General

Description:

5+ Years Remaining | Corporate Guaranteed | Scheduled Rent Increases
Dollar General has 5+ years remaining on their current lease
Rare 10% rent increase in year 11 (2026) and at the start of each renewal option
The lease is corporate guaranteed by Dollar General Corporation, an investment grade (S&P: BBB), nationally recognized, and an established discount store with more than 20,000 locations in 48 states

Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
Tenant pays for CAM, taxes, insurance and maintains all aspects of the premises
No landlord responsibilities
Ideal, management-free investment for an out-of-state, passive investor

Fronting Pennsylvania Highway 148 (Walnut Street) | Excellent Visibility & Access
Dollar General is strategically fronting PA-148 (Walnut Street), a major retail thoroughfare for McKeesport with a combined 23,905 cars passing the site each day at the signalized intersection of Walnut St & Eden Park Blvd
The asset has excellent visibility via street frontage providing ease and convenience for customers

Strong Operator | 800+ New Stores in 2024
Dollar General Corporation is an American chain of variety stores that has become one of the most profitable stores in the rural United States with revenue reaching $38.69 billion for the fiscal year ended 1/31/2024
The company is on track to open 800 new stores across the U.S. in fiscal 2024, expanding its presence to 48 states throughout the country

Local Demographics & Trade Area
There are more than 110,000 residents living within 5 miles of Dollar General
Average household income is over $81,000 within a 5-mile radius
Located 1.5 miles south of McKeesport Area Senior High School with 1,045 students and Penn State Greater Allegheny with approximately 400 students