Building Details

Year Built 2023

Listing Agency: Bang Realty r***@fortisnetlease.com Show Phone

Listed By: Robert Bender · License #BRK.200900214

Source: Fortisnetlease

Added: Jan 27 Changed: Aug 8 Last Checked: Apr 5 at 8:54PM

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Investment Insights

Based on property information with market context.

This 10,500 SF Family Dollar/Dollar Tree hybrid store is located in Lawrenceville, PA. The property is encumbered with a ten-year double net lease, resulting in minimal landlord responsibilities. The lease is corporately guaranteed by Dollar Tree Corporation, which holds a credit rating of “BBB”, classified as investment grade. The store is currently under construction and is on track for a rent start date in early Q1 2024. The store is strategically positioned at the corner of Cowanesque Street and Main Street in Pennsylvania, offering high visibility. The ten-mile population is 20,018, with the ten-mile average household income at $80,527. The location sees 3,933 cars per day. Lawrenceville is located in Tioga County, Pennsylvania. The town has a rich history dating back to the 19th century, and its downtown area has well-preserved historic architecture. Lawrenceville is near Cowanesque Lake, which offers opportunities for fishing and boating. The residents have access to schools, local businesses, and healthcare facilities. The property is located on the main retail thoroughfare in Pennsylvania.

Key Highlights

• New 10‑year double net (NN) lease offers minimal landlord responsibilities.
• Corporately guaranteed by Dollar Tree Corporation (S&P Rating: BBB - Investment Grade).
• New construction store opening in early Q1 2024.

Property Analytics

Property Profile

Current Use

Grocery and convenience stores

Suggested Use

Top Pick HVAC Service Auto Parts Store Grocery & Convenience Store (Bike/Boat/Book/etc) Store Parking Lot & Garage Real Estate Agency

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

Lease Details

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

73

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 16929, PA

2,506

Population

1,178

Households

2.1

Avg Household Size

43

Median Age

12%

College-Educated

90%

High-School Grad

42.7 sq mi

ZIP Area

59

Density / Sq Mi

$61,050

Median Household Income

$41,658

Median Earnings

$842

Median Rent

$155,300

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?

Grocery and convenience store - New construction Family Dollar/Dollar Tree hybrid store in Lawrenceville, PA.

Where is this grocery and convenience store located?

The property is located at 58 Main Street Lawrenceville, PA.

What is the lease rate?

The lease rate is $1,774,138.

What are key features of this property?

This property features: New 10‑year double net (NN) lease offers minimal landlord responsibilities.; Corporately guaranteed by Dollar Tree Corporation (S&P Rating: BBB - Investment Grade).; New construction store opening in early Q1 2024.