138 Polecat Hollow Rd Claysburg, PA 16625
NNN leased Dollar General with corporate guarantee and rent increases.
Type:Retail
Property size:
10,566 SF- Added:
- Aug 27, 2024
- Days on Market:
- 601
- Last Refresh:
- Mar 17 at 1:26 pm
Property Features for 138 Polecat Hollow Rd
General Information
- Standard status
- Active
- Size
- 10,566 SF
- Property subtype
- Retail
Building Details
- Year Built
- 2023
Listing agent Brendan Eisenbrandt License #PA RS330265
Listing office PennTex Ventures
Listing date Aug 27, 2024
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of PennTex Ventures
Overview
Dollar General NNN Investment Opportunity
This property is subject to a 15-year absolute NNN lease with zero landlord responsibilities. The rent commenced on December 1, 2023, and includes 5% rent increases every five years, along with three five-year options. The lease is corporate guaranteed by Dollar General Corporation, which holds an investment-grade rating of BBB by Standard and Poor’s. The surrounding area has a population of over 11,700 within a 5-mile radius and an average daily traffic count of 6,211.
Location Intelligence
Current Use by Public Records
Storefront properties
Map
- City
- Claysburg
- County
- Lackawanna
- State
- Pennsylvania
- Longitude
- -78.5095
- Latitude
- 40.3292
FAQs
What type of property is this?
NNN property - NNN leased Dollar General with corporate guarantee and rent increases.
Where is this nnn property located?
The property is located at 138 Polecat Hollow Rd Claysburg, PA.
What is the asking price?
The asking price for this property is $1,812,060.
What are key features of this property?
This property features: Corporate Guaranteed by Dollar General Corporation (Investment grade rated BBB); 15‑yr Absolute NNN Lease (Zero Landlord Responsibilities); 5% Rent Increases Every 5 years
