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    2605 Wilmington Rd New Castle, PA 16105

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    For Sale
    $2,051,349

    New Dollar General Market store with long-term NNN lease.

    Property size:
    12,687 SF
    Lot size:
    1.73 Acres

    Property Features for 2605 Wilmington Rd

    General Information

    Size
    12,687 SF
    Lot size
    1.73 Acres

    Source: Matthews Real Estate Investment Services | Dallas Agent Josh Bishop

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    New Dollar General NNN Lease

    This property features a Dollar General MARKET store, constructed in 2024 as a build-to-suit project. The store represents a relocation from an existing location within the market, indicating an established customer base and substantial sales volume. The building features an upgraded brown brick exterior façade. The property is situated on a large ±1.76-acre lot. A 15-year absolute NNN lease commenced in February 2024, with 5% rental increases every five years throughout the lease term. As an absolute NNN lease, there are zero landlord management responsibilities. Dollar General MARKET stores feature an expanded section for consumables, representing DG’s grocery store concept. The surrounding area has 73,727 residents within a 10-mile radius, with an average household income of $75,198.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    DG Market Grocery Store Dollar General Dollar Store

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Grocery Outlet

    Location Insight

    • Map
    • Local Demand
    City
    New Castle
    County
    Lawrence
    State
    Pennsylvania
    Longitude
    -80.3558405
    Latitude
    41.0330774

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    FAQs

    What type of property is this?
    Grocery and convenience store - New Dollar General Market store with long-term NNN lease.
    Where is this grocery and convenience store located?
    The property is located at 2605 Wilmington Rd New Castle, PA.
    What is the asking price?
    The asking price for this property is $2,051,349.
    What are key features of this property?
    This property features: - 15-year absolute NNN lease offers zero landlord responsibilities.; - 2024 build-to-suit construction for Dollar General MARKET (grocery store concept).; - 5% rental increases every 5 years.
    (315) 730-6228
    Request Owner's contact information
    2605 Wilmington Rd New Castle, PA 16105
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2605 Wilmington Rd New Castle, PA 16105
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