Freestanding Dollar General Retail
4590 State Route 136, Greensburg, PA 15601
For Sale
Contact for pricing
An absolute NNN lease includes three renewal options with contractual rent increases.
Property Size9,026 SF
Price / SF$175.60
Days on Market41
Property Features for 4590 State Route 136
General Information
Standard status
Size
Property subtype
Occupancy
Net Operating Income
Financials
Asking Price
Cap Rate
Additional Details
Tenant in Place
Building Details
Year Built
Buildings
Tenancy
Listing Agency:
Colliers - Royal Oak/Detroit, Michigan
Listed By:
Raymond Jonna · License #MI 6501357188
Source:
Crexi
Added: Sep 30
Changed: Nov 8
Last Checked: Nov 8 at 4:11PM
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 Colliers - Royal Oak/Detroit, Michigan
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Investment Insights
Based on property information with market context.
This freestanding retail building was completed in March 2018 to Dollar General’s prototype specifications. The 9,026-square-foot property is occupied by Dolgencorp, LLC, with the lease fully guaranteed by Dollar General Corporation. Its absolute NNN structure places operating obligations with the tenant.
The initial lease term runs through March 31, 2033, with approximately 6.5 years remaining in the primary term. Three renewal options are available: two five-year periods and a final term of four years and eleven months. Each option includes a contractual 10% increase in base rent; exercising all options would extend occupancy through 2048. The property is located at 4590 State Route 136 in Greensburg, Pennsylvania.
The initial lease term runs through March 31, 2033, with approximately 6.5 years remaining in the primary term. Three renewal options are available: two five-year periods and a final term of four years and eleven months. Each option includes a contractual 10% increase in base rent; exercising all options would extend occupancy through 2048. The property is located at 4590 State Route 136 in Greensburg, Pennsylvania.
Key Highlights
- Freestanding 9,026‑square‑foot Dollar General retail building
- Completed in March 2018 to Dollar General prototype specifications
- Absolute NNN lease with a full guarantee from Dollar General Corporation
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$104,061
Cap Rate
6.57%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,081,220
$2.1M
Cap Rate 7%
$1,486,586
$1.5M
Cap Rate 9%
$1,156,233
$1.2M
Market Conditions
NOI Build-Up for 9,026 SF
Gross rent
$162.5K $18.00/SF
− Vacancy
−$13.8K −$1.53/SF
EGI
$148.7K $16.47/SF
− OpEx
−$44.6K −$4.94/SF
NOI
$104.1K $11.53/SF
Area
Westmoreland County, PA
Vacancy
8.50%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,081,220
Cap Rate 7%
$1,486,586
Cap Rate 9%
$1,156,233
Alternative Uses
Best Use
Retail
$1.49M
$1.30M – $1.73M
NOI $104,061 @ 7.0% cap · market cap 6.57%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.30M
$2.01M – $2.68M
NOI $160,934 @ 7.0% cap · market cap 10.15%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
160
Businesses Nearby
16k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Dollar General
Shops & Services
10,043 visits/mo
0.1 miles
BP
Shops & Services
5,765 visits/mo
0.0 miles
Demographics for 15601, PA
57,141
Population
25,978
Households
2.2
Avg Household Size
47
Median Age
40%
College-Educated
96%
High-School Grad
80.6 sq mi
ZIP Area
709
Density / Sq Mi
$75,369
Median Household Income
$41,485
Median Earnings
$868
Median Rent
$209,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Properties on Market for Retail space in Westmoreland County
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Retail space - An absolute NNN lease includes three renewal options with contractual rent increases.
Where is this retail space located?
The property is located at 4590 State Route 136 Greensburg, PA.
What is the asking price?
The asking price for this property is $1,585,000.
What are key features of this property?
This property features: Freestanding 9,026‑square‑foot Dollar General retail building; Completed in March 2018 to Dollar General prototype specifications; Absolute NNN lease with a full guarantee from Dollar General Corporation
