367 Morgantown St, Uniontown, PA 15401
New construction features a long-term absolute NNN lease with corporate guaranty and no landlord responsibilities.
Property Features for 367 Morgantown St
General Information
Site & Location
Building Details
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Investment Insights
Based on property information with market context.
The property occupies 367 Morgantown St in Uniontown, Pennsylvania, along Morgantown Street and US Route 119. The corridor serves as a north-south route through Uniontown and connects the community with Morgantown, West Virginia. Uniontown is the county seat of Fayette County and functions as a governmental, healthcare, and retail center for the surrounding area. The trade area is approximately 123,000 residents, with Pittsburgh approximately 40 miles northwest via the Mon-Fayette Expressway.
Key Highlights
- 9,026‑square‑foot Dollar General store completed in 2026
- Absolute NNN lease with zero landlord responsibilities
- Fresh 15‑year primary lease term
Financial Insights For Specialty 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 | $135.4k | $15.00 |
| − Vacancy | −$5.4k | −$0.60 |
| EGI | $130.0k | $14.40 |
| − OpEx | −$32.5k | −$3.60 |
| NOI | $97.5k | $10.80 |
Alternative Uses
Property Analytics
Current Use
Lease Details
Location Intelligence
Trade Area within ½ mile
Foot Traffic Nearby
Demographics for 15401, PA
Market
Vacancy Rate% for Retail in Northeast region