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786 Main St Duke Center, PA 16729

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For Sale
$1,462,284

New Dollar General with long-term NNN lease in place.

Property size:
10,640 SF
Lot size:
1.10 Acres

Property Features for 786 Main St

General Information

Size
10,640 SF
Lot size
1.10 Acres

Source: Matthews Real Estate Investments Services | New York Agent Edward DeSimone

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


Overview

New Dollar General NNN Lease

This property features a brand new, built-to-suit construction completed in 2024 for Dollar General, meeting the tenant's current development requirements. The property is subject to an absolute NNN lease, offering a passive income stream with no landlord responsibilities. The lease term is approximately 15 years, with over 14 years remaining on the primary term. The lease includes two 5-year options and one 4-year plus 11-month option to extend, each with a 10% rental increase at the start of the option period. The property is strategically positioned on the main retail corridor, providing excellent visibility with over 130 feet of frontage on Main Street. The location benefits from limited competition, with the nearest Dollar Tree and Walmart both situated more than 7.5 miles away. The lease is backed by a strong corporate guaranty from Dollar General Corporation, a Fortune 500 company with a BBB credit rating from S&P and a $17 billion market capitalization. The property is 10,640 square feet.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Dollar General Dollar Store

Suggested Use

Law Firm Building Supply Spa & Massage Hair Salon Auto Repair Shop Clothing Store Hotel & Motel Nail Salon Food Market Grocery Store

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

Location Insight

  • Map
  • Local Demand
City
Duke Center
County
McKean
State
Pennsylvania
Longitude
-78.475696
Latitude
41.948766

FAQs

What type of property is this?
Storefront property - New Dollar General with long-term NNN lease in place.
Where is this storefront property located?
The property is located at 786 Main St Duke Center, PA.
What is the asking price?
The asking price for this property is $1,462,284.
What are key features of this property?
This property features: - Absolute NNN lease offers zero landlord responsibilities, perfect for passive income.; - Backed by a strong corporate guaranty from Dollar General Corporation (Fortune 500, BBB credit rating).; - Approximately 14 years remain on the primary lease, with extension options and rental increases.
More about this property
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