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 Market99
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
Listed By:
Jesse Dubrow · License #PA
(215) 883-7392
Source:
Crexi
Added: Jul 29
Changed: Oct 26
Last Checked: Nov 3 at 4:42AM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
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
Estimated NOI and Cap Rate
NOI / Yr
$57,137
Cap Rate
6.93%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,142,740
$1.1M
Cap Rate 7%
$816,243
$816.2K
Cap Rate 9%
$634,856
$634.9K
Market Conditions
NOI Build-Up for 8,000 SF
Gross rent
$91.2K $11.40/SF
− Vacancy
−$9.6K −$1.20/SF
EGI
$81.6K $10.20/SF
− OpEx
−$24.5K −$3.06/SF
NOI
$57.1K $7.14/SF
Area
Schuylkill County, PA
Vacancy
10.50%
Lease Rate
$11.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,142,740
Cap Rate 7%
$816,243
Cap Rate 9%
$634,856
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.
How Realmo checks its estimates
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
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
