58 MAIN ST, Lawrenceville, PA 16929
Built-to-suit Family Dollar on a signalized Main Street corner, offered for sale with a lease through April 2034.
Property Features for 58 MAIN ST
General Information
Additional Details
Building Details
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Investment Insights
Based on property information with market context.
The site is located on a signalized hard corner lot along Main Street with immediate proximity to Interstate 99. The location is described as a relocation site from a former inline store, intended to enhance visibility and access along the corridor. Nearby retailers include NAPA Auto Parts, DG Market, Kwik Fill, and Papa John’s, creating a mix of daily-needs businesses in the immediate area.
For a buyer or lender evaluating a long-term retail tenancy, the asset’s recent construction and mission-specific build-out align with a stable single-tenant, net lease structure. The combination of the 10-year initial term, renewal provisions, and corporate guaranty provides a straightforward ownership profile for those seeking a Family Dollar-branded retail investment with an extended lease horizon.
Key Highlights
- Built‑to‑suit Family Dollar completed in 2024 (10,500 SF) on a signalized hard‑corner lot on Main Street
- Net lease with a 10‑year term through April 2034 and four 5‑year renewal options with rental increases
- Corporate guaranty provided by Family Dollar Stores, Inc.
Financial Insights For 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 | $84.4k | $8.04 |
| − Vacancy | −$6.8k | −$0.64 |
| EGI | $77.7k | $7.40 |
| − OpEx | −$23.3k | −$2.22 |
| NOI | $54.4k | $5.18 |
Alternative Uses
Property Analytics
Current Use
Lease Details
Location Intelligence
Trade Area within ½ mile
Demographics for 16929, PA
Market
Vacancy Rate% for Retail in Northeast region