Dollar General NNN Investment
138 Polecat Hollow Rd Claysburg, PA 16625
138 Polecat Hollow Rd, Claysburg, PA, 16625
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For Sale
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NNN leased Dollar General with corporate guarantee and rent increases.
Property Size10,566 SF
Price / SF$171.50
Days on Market692
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 Agency
Foundry Real Estate Development
Listed by
Brendan Eisenbrandt · License #PA RS330265
Source
Crexi
Added: Aug 27, 2024 Checked: Jul 19 at 6:44 am
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
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
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $158.5k | $15.00 |
| − Vacancy | −$16.6k | −$1.58 |
| EGI | $141.8k | $13.43 |
| − OpEx | −$42.6k | −$4.03 |
| NOI | $99.3k | $9.40 |
10,566 SF · lease $15.00/SF/yr · vacancy 10.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.42M
$1.24M – $1.65M
NOI $99,294 @ 7.0% cap · market cap 5.48%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.68M
$2.35M – $3.13M
NOI $187,729 @ 7.0% cap · market cap 10.36%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Storefront properties
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
