Dollar General NNN Investment
For Sale
Contact for pricing
Pending
1821 7th Ave, Beaver Falls, PA 15010
Single-tenant Dollar General property with over 4 years remaining on lease.
Property Size9,100 SF
Days on Market104
Property Features for 1821 7th Ave
General Information
Standard status
Pending
Size
9,100 SF
Total Parking Spaces
29
Property subtype
Retail
Zoning
Commercial
Occupancy
100%
Lease Type
Absolute Net
Investment Type
Net Lease
Building Details
Year Built
2015
Tenancy
Single
Listing Agency:
The Trafton Group
(650) 685-1644
Listed By:
Suheil Sahouria · License #CA 01408008
Source:
Crexi
Added: May 18
Changed: Aug 8
Last Checked: Jul 24 at 10:13AM
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 The Trafton Group
Investment Insights
Based on property information with market context.
This is a NNN Dollar General investment opportunity featuring a single-tenant property occupied by Dolgen Corporation (Dollar General). The property is located at a corner location with masonry panel exterior finish and represents a rare Dollar General infill location. The tenant has approximately 4+ years remaining on the lease term with 3 five-year renewal options. This is an absolute NNN lease with the tenant responsible for all property expenses including roof, structure, HVAC, CAM, parking, property taxes (reimburses), utilities, and insurance. Dollar General operates 19,643 locations nationwide and is a publicly traded company headquartered in Goodlettsville, TN with $37.885 billion in revenue (2023) and 170,000 employees. The property size is 9,100 square feet.
Key Highlights
- NNN lease structure provides passive income with tenant responsible for all property expenses.
- Single‑tenant property occupied by Dolgen Corporation (Dollar General), a publicly traded company with $37.885 billion in revenue (2023).
- Approximately 4+ years remaining on the current lease term, with 3 five‑year renewal options.
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
$98,280
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
7.06%
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%
$1,965,600
$2.0M
Cap Rate 7%
$1,404,000
$1.4M
Cap Rate 9%
$1,092,000
$1.1M
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
−$5.5K −$0.60/SF
EGI
$131.0K $14.40/SF
− OpEx
−$32.8K −$3.60/SF
NOI
$98.3K $10.80/SF
Area
Beaver County, PA
Vacancy
4.00%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
25.00%
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%
$1,965,600
Cap Rate 7%
$1,404,000
Cap Rate 9%
$1,092,000
Alternative Uses
Best Use
Specialty Retail
$1.40M
$1.23M – $1.64M
NOI $98,280 @ 7.0% cap · market cap 7.06%
Second Best
Retail
$1.31M
$1.15M – $1.53M
NOI $91,728 @ 7.0% cap · market cap 6.59%
Theoretical Best
Office A
$2.32M
$2.03M – $2.70M
NOI $162,254 @ 7.0% cap · market cap 11.65%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
538
Businesses Nearby
43k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 70%
Shops & Services 28%
Home Improvements & Furnishings 2%
McDonald's
Dining
18,443 visits/mo
0.1 miles
Wendy's
Dining
9,213 visits/mo
0.0 miles
Dollar General
Shops & Services
6,797 visits/mo
0.1 miles
MyEyeDr.
Shops & Services
2,391 visits/mo
0.3 miles
SUBWAY
Dining
2,138 visits/mo
0.1 miles
Demographics for 15010, PA
28,736
Population
12,620
Households
2.3
Avg Household Size
44
Median Age
31%
College-Educated
94%
High-School Grad
51.1 sq mi
ZIP Area
562
Density / Sq Mi
$70,253
Median Household Income
$40,943
Median Earnings
$833
Median Rent
$196,600
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 Dollar General property with over 4 years remaining on lease.
Where is this nnn property located?
The property is located at 1821 7th Ave Beaver Falls, PA.
What is the asking price?
The asking price for this property is $1,392,533.
What are key features of this property?
This property features: NNN lease structure provides passive income with tenant responsible for all property expenses.; Single‑tenant property occupied by Dolgen Corporation (Dollar General), a publicly traded company with $37.885 billion in revenue (2023).; Approximately 4+ years remaining on the current lease term, with 3 five‑year renewal options.
