Dollar General NNN Investment
For Sale
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138 Polecat Hollow Rd, Greenfield Township, PA 16625
NNN leased Dollar General with corporate guarantee and rent increases.
Property Size10,566 SF
Price / SF$171.50
Days on Market784
Property Features for 138 Polecat Hollow Rd
General Information
Standard status
Active
Size
10,566 SF
Property subtype
Retail
Zoning
Commercial
Occupancy
100%
Lease Type
Absolute Net
Investment Type
Net Lease
Net Operating Income
$117,784
Building Details
Year Built
2023
Buildings
1
Stories
1
Units
1
Tenancy
Single
Listing Agency:
Foundry Real Estate Development
Listed By:
Brendan Eisenbrandt · License #PA RS330265
Source:
Crexi
Added: Aug 27, 2024
Changed: Oct 11
Last Checked: Oct 19 at 3:52AM
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 Foundry Real Estate Development
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Investment Insights
Based on property information with market context.
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.
Key Highlights
- Corporate Guaranteed by Dollar General Corporation (Investment grade rated BBB)
- 15‑yr Absolute NNN Lease (Zero Landlord Responsibilities)
- 5% Rent Increases Every 5 years
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1
Businesses Nearby
Explore this area
Business Placement
Demographics for 16625, PA
3,402
Population
1,626
Households
2.1
Avg Household Size
43
Median Age
15%
College-Educated
94%
High-School Grad
32.0 sq mi
ZIP Area
106
Density / Sq Mi
$53,836
Median Household Income
$41,837
Median Earnings
$887
Median Rent
$158,600
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
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 Greenfield Township, 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
