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Dollar General NNN Property
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405 West Columbus Avenue, Corry, PA 16407

Corporate lease guaranty, renewal options, and scheduled rental increases support a clearly defined long-term occupancy structure.

Property SizeContact for details
Days on Market144

Property Features for 405 West Columbus Avenue

General Information

Standard status Active
Property subtype Retail
Listing Agency: CBRE - Philadelphia Suburban
Listed By: Matthew Gorman · License #PA RS287470
Source: Crexi
Added: Apr 10 Changed: Aug 31 Last Checked: Aug 29 at 6:50PM

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 CBRE - Philadelphia Suburban

Investment Insights

Based on property information with market context.

This 9,002-square-foot Dollar General property occupies a 2.76-acre parcel at 405 West Columbus Avenue in Corry, Pennsylvania. The asset is subject to a corporately guaranteed NNN lease with more than 11 years remaining on the initial 15-year term. Lease options include two five-year extensions and one additional option lasting four years and 11 months, with 10% rental increases attached to each option period. Standard & Poor’s rates Dollar General BBB.

The property benefits from access along West Columbus Avenue, where reported daily traffic is 11,000 vehicles. Nearby national retailers include Save-A-Lot, Tractor Supply, CVS, Taco Bell, and McDonald’s. Corry is approximately 30 miles southeast of Erie and Lake Erie Wine Region, with a population of 6,605 recorded in the 2010 census.

Key Highlights

  • 9,002‑square‑foot Dollar General property on a 2.76‑acre parcel
  • Corporately guaranteed NNN lease with more than 11 years remaining on the initial 15‑year term
  • Two five‑year options plus one four‑year, 11‑month option

Property Analytics

Current Use

Dollar General Grocery & Convenience Store

Suggested Use

Top Pick HVAC Service Building Supply Spa & Massage Center Electrical Service Storage Facility Law Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

91
Businesses Nearby
5k
Monthly Visits Nearby

Foot Traffic Nearby

Home Improvements & Furnishings 77% Electronics 23%
Corry Lumber Home Improvements & Furnishings
3,937 visits/mo 0.5 miles
Cricket Wireless Authorized Retailer Electronics
1,171 visits/mo 0.2 miles

Demographics for 16407, PA

10,526
Population
5,178
Households
2
Avg Household Size
43
Median Age
21%
College-Educated
91%
High-School Grad
113.3 sq mi
ZIP Area
93
Density / Sq Mi
$48,962
Median Household Income
$34,053
Median Earnings
$694
Median Rent
$127,900
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
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Frequently Asked Questions

What type of property is this?
NNN property - Corporate lease guaranty, renewal options, and scheduled rental increases support a clearly defined long-term occupancy structure.
Where is this nnn property located?
The property is located at 405 West Columbus Avenue Corry, PA.
What are key features of this property?
This property features: 9,002‑square‑foot Dollar General property on a 2.76‑acre parcel; Corporately guaranteed NNN lease with more than 11 years remaining on the initial 15‑year term; Two five‑year options plus one four‑year, 11‑month option
(484) 567-2340 Call to check price and availability
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