Corporate-Guaranteed NNN Retail
For Sale
Contact for pricing
Pending
1297 W Pitt Street, Jennerstown, PA 15547
Single-tenant retail investment with fee simple ownership and limited landlord responsibilities.
Property SizeContact for details
Days on Market142
Property Features for 1297 W Pitt Street
General Information
Standard status
Pending
Property subtype
Retail
Additional Details
Traffic Count
4,700 vehicles/day
Building Details
Tenancy
Single
Listing Agency:
SRS Real Estate Partners McLean
(703) 268-0854
Listed By:
Andrew Fallon · License #PA RSR006585
Source:
Crexi
Added: Apr 12
Changed: Aug 31
Last Checked: Aug 31 at 1:39PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SRS Real Estate Partners McLean
Investment Insights
Based on property information with market context.
This single-tenant retail property is occupied by Dollar General under a corporate-guaranteed NNN lease. Approximately 4 years remain on the current term, with two 5-year extension options. Rent increases by 8% at the start of each option period. Fee simple ownership includes both the building and underlying land, while the tenant pays CAM and taxes and maintains most aspects of the premises.
The property fronts West Pitt Street at 1297 W. Pitt Street in Jennerstown, Pennsylvania, with reported traffic averaging 4,700 VPD. Street frontage provides direct visibility and access for the store. Landlord obligations are limited to replacement of paved areas, roof, foundation, floor, pipes, and structural components.
The surrounding 5-mile trade area includes more than 6,000 residents and 1,700 employees. The property is located 61 miles from Pittsburgh, and average household income within a 1-mile radius is $77,945.
The property fronts West Pitt Street at 1297 W. Pitt Street in Jennerstown, Pennsylvania, with reported traffic averaging 4,700 VPD. Street frontage provides direct visibility and access for the store. Landlord obligations are limited to replacement of paved areas, roof, foundation, floor, pipes, and structural components.
The surrounding 5-mile trade area includes more than 6,000 residents and 1,700 employees. The property is located 61 miles from Pittsburgh, and average household income within a 1-mile radius is $77,945.
Key Highlights
- Dollar General lease has approximately 4 years remaining with 2 (5‑year) extension options
- Corporate‑guaranteed NNN lease with fee simple ownership of the building and land
- 8% rental increases apply at the beginning of each extension option
Property Analytics
Current Use
Lease Details
4,700 VPD
Traffic count
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
25
Businesses Nearby
Explore this area
Business Placement
Demographics for 15547, PA
402
Population
267
Households
1.5
Avg Household Size
48
Median Age
5%
College-Educated
98%
High-School Grad
0.7 sq mi
ZIP Area
574
Density / Sq Mi
$61,538
Median Household Income
$48,151
Median Earnings
$858
Median Rent
$203,900
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
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Frequently Asked Questions
What type of property is this?
NNN property - Single-tenant retail investment with fee simple ownership and limited landlord responsibilities.
Where is this nnn property located?
The property is located at 1297 W Pitt Street Jennerstown, PA.
What are key features of this property?
This property features: Dollar General lease has approximately 4 years remaining with 2 (5‑year) extension options; Corporate‑guaranteed NNN lease with fee simple ownership of the building and land; 8% rental increases apply at the beginning of each extension option
