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    2593 Benjamin Franklin Hwy Edinburg, PA 16116

    For Sale
    $1,845,230

    Pennsylvania Retail Property, Strong ROI

    Property size:
    10,566 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional investment opportunity presents a newly constructed, 10,566 square foot Dollar General storefront located at 2593 Benjamin Franklin Hwy, Edinburg, PA 16116. The property sits on a 3-acre lot and boasts a 15-year absolute NNN lease with a credit-rated tenant, commencing November 21, 2023, and expiring November 30, 2038. The lease includes 5% rent increases every five years, minimizing landlord responsibilities and ensuring consistent income growth. With a current NOI of $119,940 and a 6.50% cap rate, this property offers a compelling return on investment. The property benefits from a strong location, serving a population of over 21,800 within a 5-mile radius and experiencing an average daily traffic count of 6,713. The building, constructed in 2023, is a single-story structure with commercial zoning. This is a single-tenant property with 100% occupancy. The asking price is $1,845,230, translating to $174.64 per square foot. The lease is corporate-guaranteed by Dollar General Corporation and rated BBB by Standard & Poor's, providing significant investment security. This is a truly passive investment opportunity with minimal management requirements.

    Property Features for 2593 Benjamin Franklin Hwy

    General Information

    Property type
    Individual retail properties
    Square Feet
    10,566 SF
    Lot Size
    130,680 SF

    Building Details

    Year Built
    2023
    Buildings
    1
    Stories
    1
    Units
    1

    HighLights

    • $1,845,230 asking price for a 10,566 SF Dollar General storefront in Edinburg, PA.
    • Absolute NNN net lease with a credit‑rated tenant.
    • 15‑year lease commencing November 21, 2023, with 5% rent increases every 5 years.
    • 6.50% cap rate and $119,940 annual NOI.
    • Located on a 3‑acre lot with high daily traffic counts.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Cedar Manor PCH Assisted Living Facility Dollar General Dollar Store

    Suggested Use

    Restaurant Auto Repair Shop Hotel & Motel Food Market Grocery Store Bar & Pub Convenience Store Nursing Home Assisted Living Facility Parking Facility

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Edinburg
    County
    Lawrence
    State
    Pennsylvania
    Longitude
    -80.4288489
    Latitude
    41.0464186

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    FAQs

    What type of property is this?
    Individual retail property - Pennsylvania Retail Property, Strong ROI
    Where is this individual retail property located?
    The property is located at 2593 Benjamin Franklin Hwy Edinburg, PA.
    What is the asking price?
    The asking price for this property is $1,845,230.
    What are key features of this property?
    This property features: $1,845,230 asking price for a 10,566 SF Dollar General storefront in Edinburg, PA.; Absolute NNN net lease with a credit-rated tenant.; 15-year lease commencing November 21, 2023, with 5% rent increases every 5 years.
    Request Owner's contact information
    2593 Benjamin Franklin Hwy Edinburg, PA 16116
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2593 Benjamin Franklin Hwy Edinburg, PA 16116
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