1830 Pennsylvania Ave West Mifflin, PA 15122-3915
For Sale
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Property summary
This exceptional investment opportunity presents a fee-simple, Class A, 12,480 square foot Dollar General store in West Mifflin, Pennsylvania. The property boasts a strong absolute NNN lease with a credit-rated corporate guarantor, ensuring minimal landlord responsibilities. The lease, originally commencing July 28, 2013, has a remaining term of approximately 8.7 years, with three 5-year options at 10% rent increases each. The current annual net operating income (NOI) is $144,216, representing a 7.00% cap rate on the $2,060,239 asking price. Located on a 2.2-acre lot at 1830 Pennsylvania Ave, West Mifflin, PA 15122, this single-story building was constructed in 2013 and benefits from a high-traffic location within a densely populated area. The property's strong demographics, including an average household income of $84,965 within a 5-mile radius and approximately 153,973 people within the same radius, contribute to its exceptional investment potential. Dollar General's long-term commitment, evidenced by a recent five-year lease extension, further solidifies this asset's value. The property's size and location make it an ideal investment for those seeking a stable, high-performing retail asset with significant upside potential. The property is approximately 11 miles from Downtown Pittsburgh.
Property profile
VerifiedCap rate & NOI
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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