Dollar Tree | High Quality Corporate Guaranteed Tenant

22000 Route 119, Punxsutawney, PA

   SOLD!   

$875,000

Price

8%

Cap Rate

$70,000

NOI

Gallery
Street
Map
Overview
Cap Rate
8%
NOI
$70,000
Building Size
10,000 sqft
Lot Area
1.99 acres
Lease Type
Double Net
Year Built
2003
Price Per Sqft
$87.50
Roof & Structure
Landlord'ss Responsibility
HVAC, Maintenance, Repairs & Common Area
Tenant’s Responsibility
Taxes & Utilities
Tenant’s Responsibility
Description

Sands Investment Group is Pleased to Exclusively Offer For Sale the 10,000 SF Dollar Tree Located at 22000 Route 119 in Punxsutawney, PA. This Opportunity Includes a High Quality Corporate Guaranteed Tenant That Has Been at the Same Location Since 2003, Showing Commitment to the Site and Providing For a Secure Investment.

In Cooperation With Sands Investment Group Philadelphia, LLC – Lic. # RB069072

Highlights
  • Strong Corporate Guarantee From Dollar Tree
  • Tenant Has Been at the Same Location Since 2003 - Showing Commitment to the Site
  • Strategically Located as an Outparcel to Walmart Supercenter - the Closest Walmart For Over 25-Miles
  • Average Household Income is Over $55,556 With in a 5-Mile Radius of the Property
  • Just 5 Minutes From Gobbler’s Knob - the Celebrated Home of Punxsutawney Phil and the Annual Groundhog Day Weather Prediction Event; the Event Draws Upwards of 20,000 People Attending the Celebration, But Millions Watch on TV
  • FEMCO, a Diversified Custom Manufacturer of Quality OEM and Aftermarket Parts, Has Their Headquarters in Punxsutawney and Recently Expanded With a New 8,000 SF Welding and Fabrication Facility
  • Punxsutawney is 80 Miles NE of Pittsburgh and 100 Miles South of Erie, Accessible Via Interstate 80, U.S. Route 119 and State Route 36; the Economy Had Been Primarily Based on Coal Mining and is Now ReEstablishing Itself as Industrial and Service Based; Tourism Has Become a Rapidly Growing Trade Due to the Lure of Punxsutawney Phil
  • Nearby Tenants Include: Walmart Supercenter, China Wok, Pizza Hut, Wing Street, Taco Bell, Aaron’s, ALDI, Goodwill, Subway, Family Dollar and AT&T
Documents
Location
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