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    204 Wausau Rd Middleburg, PA 17842

    Sponsored
    For Sale
    $700,000

    High-yield retail investment; lease expires soon.

    Property size:
    12,800 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This 12,800-square-foot Family Dollar storefront in Middleburg, Pennsylvania, presents a compelling value-add investment opportunity. Currently operating under a net-net lease with a single tenant, the property boasts a strong 11% cap rate and a substantial $77,000 net operating income (NOI). The existing Family Dollar lease, commencing June 30, 2008, and expiring June 30, 2025, offers a remaining term of approximately six months. The tenant has notified the landlord of their intent not to renew. This provides a unique opportunity for a buyer to secure a year of rent collection while actively seeking a new tenant or pursuing a lease buyout with the existing tenant, who has expressed interest in such an arrangement. The property, built in 2008, is a Class B, single-story building situated on a 0.83-acre lot. An additional 4,000 square feet of basement space, accessible via a separate entrance, offers significant potential for additional income generation through separate leasing. The asking price is $700,000, translating to $54.69 per square foot. The property's location in Middleburg, PA, zip code 17842, at 204 S Wausau Rd, offers excellent visibility and accessibility. This is an ideal opportunity for investors seeking a short-term hold with significant upside potential through lease renegotiation, backfilling, or redevelopment. The property is offered fee simple.

    Property Features for 204 Wausau Rd

    General Information

    Property type
    Individual retail properties
    Square Feet
    12,800 SF
    Class
    B
    Lot Size
    36,155 SF

    Building Details

    Year Built
    2008
    Stories
    1
    Units
    2

    HighLights

    • $700,000 asking price for a 12,800 SF Family Dollar storefront in Middleburg, PA.
    • Family Dollar's lease expires in one year and will not be renewed.
    • One‑year rent collection period available while securing a new tenant.
    • 4,000 SF basement with a separate entrance offers additional lease potential.
    • Family Dollar is open to a lease buyout.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Law Firm Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Nail Salon Hotel & Motel Auto Parts Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Middleburg
    County
    Snyder
    State
    Pennsylvania
    Longitude
    -77.0438082
    Latitude
    40.7846167

    Nearby Comparable

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      Freestanding Retail Building in Middleburg

      Single tenant retail building with NN lease and remaining term.
      204 S Wausau Rd, Middleburg, PA 17842
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      Established Business, 1.36 Acres, Ready to Go!
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      Snyder County Land Parcel

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      40.35+/- acre parcel with wooded and tillable land.
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      Snyder County Land Parcel

      12.5+/- acre parcel with wooded and tillable land.
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    • $80,000

      Snyder County Land Parcel

      20.8+/- acre parcel with wooded and tillable land.
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    • $189,000
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      Beaverton Land with Development Potential

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      8781 Route 235, Beavertown, PA 17813
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    Nearby Similar for Sale

    • $500,000
      12,800 SF

      Freestanding Retail Building in Middleburg

      Single tenant retail building with NN lease and remaining term.
      204 S Wausau Rd, Middleburg, PA 17842
      View Details
    • $515,000
      1,800 SF

      Middleburg Commercial Property - Prime Location

      Established Business, 1.36 Acres, Ready to Go!
      6402 Rte, Middleburg, PA 17842
      View Details

    FAQs

    What type of property is this?
    Individual retail property - High-yield retail investment; lease expires soon.
    Where is this individual retail property located?
    The property is located at 204 Wausau Rd Middleburg, PA.
    What is the asking price?
    The asking price for this property is $700,000.
    What are key features of this property?
    This property features: $700,000 asking price for a 12,800 SF Family Dollar storefront in Middleburg, PA.; Family Dollar's lease expires in one year and will not be renewed.; One-year rent collection period available while securing a new tenant.
    Request Owner's contact information
    204 Wausau Rd Middleburg, PA 17842
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    Middleburg, PA 17842
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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
    204 Wausau Rd Middleburg, PA 17842
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