1830 Pennsylvania Ave West Mifflin, PA 15122
Call to check price and availability
West Mifflin, PA Retail Property - Strong Tenant
Property size:
12,480 SFProperty Features for 1830 Pennsylvania Ave
General Information
- Property type
- Individual retail properties
- Square Feet
- 12,480 SF
- Class
- A
- Lot Size
- 95,832 SF
Building Details
- Year Built
- 2013
- Buildings
- 1
- Stories
- 1
- Units
- 1
Listing Agent: Joe Nelson
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
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
Insight Report
Location Intelligence
Current Use by Public Records
Retail space
Location Insight
- Map
- Local Demand
- City
- West Mifflin
- County
- Allegheny
- State
- Pennsylvania
- Longitude
- -79.862717566317
- Latitude
- 40.362077619684
Nearby Similar for Sale
FAQs
What type of property is this?
Individual retail property - West Mifflin, PA Retail Property - Strong Tenant
Where is this individual retail property located?
The property is located at 1830 Pennsylvania Ave West Mifflin, PA.
What is the asking price?
The asking price for this property is $2,060,239.
What are key features of this property?
This property features: Absolute NNN lease; no landlord responsibilities.; Approximately 8.7 years remaining lease term with three 5-year options.; Dollar General recently extended lease for five years.
