Family Dollar NNN Retail
For Sale
Contact for pricing
14 Spring Street, Tremont, PA 17981
Single-tenant net-leased retail building with an established essential-goods operator and renewal options.
Property Size8,000 SF
Price / SF$103.13
Days on Market8
Property Features for 14 Spring Street
General Information
Standard status
Active
Size
8,000 SF
Total Parking Spaces
30
Property subtype
Retail
Occupancy
100%
Lease Type
NNN
Investment Type
Net Lease
Net Operating Income
$70,180
Building Details
Year Built
2006
Buildings
1
Tenancy
Single
Listing Agency:
MSC Retail
(215) 568-2600
Listed By:
Jesse Dubrow · License #PA
Source:
Crexi
Added: Jul 29
Changed: Aug 3
Last Checked: Aug 4 at 10:37AM
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 MSC Retail
Investment Insights
Based on property information with market context.
This single-tenant, net-leased retail property includes an 8,000-square-foot build-to-suit building completed in 2006. Family Dollar has occupied the premises since construction, providing an established operating history for the site. The store offers groceries, household essentials, health and beauty products, and seasonal merchandise.
The property is positioned at the signalized intersection of Main Street and Spring Street in Tremont, Pennsylvania. The lease has approximately five years remaining and includes two additional five-year renewal options. Family Dollar has already exercised one of its three five-year renewal options, approximately 2.5 years before the original term expired.
The property is positioned at the signalized intersection of Main Street and Spring Street in Tremont, Pennsylvania. The lease has approximately five years remaining and includes two additional five-year renewal options. Family Dollar has already exercised one of its three five-year renewal options, approximately 2.5 years before the original term expired.
Key Highlights
- 8,000‑square‑foot retail building completed in 2006
- Single‑tenant net lease with Family Dollar in occupancy since original construction
- Approximately five years remain on the current lease term
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $91.2k | $11.40 |
| − Vacancy | −$9.6k | −$1.20 |
| EGI | $81.6k | $10.20 |
| − OpEx | −$24.5k | −$3.06 |
| NOI | $57.1k | $7.14 |
8,000 SF · lease $11.40/SF/yr · vacancy 10.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$816.2K
$714.2K – $952.3K
NOI $57,137 @ 7.0% cap · market cap 6.93%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.20M
$1.05M – $1.40M
NOI $84,000 @ 7.0% cap · market cap 10.18%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
92
Businesses Nearby
Explore this area
Business Placement
Demographics for 17981, PA
2,652
Population
1,091
Households
2.4
Avg Household Size
44
Median Age
12%
College-Educated
87%
High-School Grad
38.2 sq mi
ZIP Area
69
Density / Sq Mi
$70,789
Median Household Income
$42,117
Median Earnings
$829
Median Rent
$85,000
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Single-tenant net-leased retail building with an established essential-goods operator and renewal options.
Where is this nnn property located?
The property is located at 14 Spring Street Tremont, PA.
What is the asking price?
The asking price for this property is $825,000.
What are key features of this property?
This property features: 8,000‑square‑foot retail building completed in 2006; Single‑tenant net lease with Family Dollar in occupancy since original construction; Approximately five years remain on the current lease term
