Listing Agency: Landmark Commercial Realty r***@landmarkcr.com Show Phone

Listed By: Roy H. Brenner · License #RS217415L Show Phone

Source: Moodyscre

Added: Nov 25, 2025 Changed: Aug 15 Last Checked: Aug 22 at 6:47AM

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Investment Insights

Based on property information with market context.

This retail property is located in Blue Ridge Summit, PA. The property is currently occupied by Dollar General. Dollar General Corporation has been delivering value to shoppers for more than 80 years and operates 17,683 stores in 46 states as of July 2021. The store sells products such as food, snacks, health and beauty aids, cleaning supplies, clothing, housewares and seasonal items at low prices. The property has a size of 9,100 square feet.

Key Highlights

• Established Dollar General tenant with a long operating history (founded in 1938).
• Dollar General is a well‑known discount store chain.
• Dollar General operates a large number of stores across the US (17,683 as of July 2021).

Financial Insights

Estimated NOI and Cap Rate

NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).

NOI / Yr

$85,517

Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.

Cap Rate

5.00%

Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.

Cap Rate 5%

$1,710,340 $1.7M

Cap Rate 7%

$1,221,671 $1.2M

Cap Rate 9%

$950,189 $950.2K

Market Conditions

NOI Build-Up for 9,100 SF Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent. EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs. OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements. NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.

Gross rent

$136.5K $15.00/SF

− Vacancy

−$14.3K −$1.58/SF

EGI

$122.2K $13.43/SF

− OpEx

−$36.7K −$4.03/SF

NOI

$85.5K $9.40/SF

Area

Franklin County, PA

Vacancy

10.50%

Lease Rate

$15.00 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.

Cap Rate 5%

$1,710,340

Cap Rate 7%

$1,221,671

Cap Rate 9%

$950,189

Alternative Uses

Best Use

Retail

$1.22M

$1.07M – $1.43M (±1% cap)

NOI $85,517 @ 7.0% cap · market cap 5.00%

Second Best

—

—

no second resolved use

Theoretical Best

Office A

$2.21M

$1.93M – $2.57M (±1% cap)

NOI $154,452 @ 7.0% cap · market cap 9.03%

Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Property Profile

Current Use

Dollar General (Bike/Boat/Book/etc) Store FedEx OnSite Postal Service Western Union Bank

Suggested Use

Top Pick Real Estate Agency Big Box & Wholesale Store Restaurant Auto Parts Store Law Firm HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

111

Businesses Nearby

17k

Monthly Visits Nearby

Balanced

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 100%

Dollar General Shops & Services

8,305 visits/mo 0.0 miles

Sunoco Shops & Services

5,944 visits/mo 0.0 miles

M&T Bank Shops & Services

2,296 visits/mo 0.2 miles

Market

Vacancy Rate% for Retail in Northeast region

6% 2019

7.1% 2020

6.5% 2021

6% 2022

5.7% 2023

5.6% 2024

6% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Storefront property - Retail property occupied by Dollar General in Blue Ridge.

Where is this storefront property located?

The property is located at 15038 Buchanan Trl E Blue Ridge Summit, PA.

What is the asking price?

The asking price for this property is $1,710,000.

What are key features of this property?

This property features: Established Dollar General tenant with a long operating history (founded in 1938).; Dollar General is a well‑known discount store chain.; Dollar General operates a large number of stores across the US (17,683 as of July 2021).