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3414 Roy Furman Hwy Waynesburg, PA 15370

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Waynesburg, PA Retail Property - 7.75% Cap Rate

Property size:
9,100 SF

Property Features for 3414 Roy Furman Hwy

General Information

Property type
Individual retail properties
Square Feet
9,100 SF
Lot Size
113,474 SF

Building Details

Year Built
2018

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Listing Contact
Matthew Gorman
Matthew Gorman

Listing Agency: CBRE Philadelphia Suburban Listing Agent: Matthew Gorman

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

This exceptional investment opportunity presents a fee-simple, 9,100 square foot Dollar General convenience and grocery store located at 3414 W Roy Furman Hwy, Waynesburg, PA 15370. Built in 2018 on a 2.605-acre lot, this property boasts 100% occupancy with a long-term, absolute NNN lease featuring zero landlord responsibilities. The lease, corporately guaranteed by Dollar General (rated BBB by Standard & Poor's), has over nine years remaining and includes three, five-year renewal options with 10% rent increases each. The property enjoys excellent visibility on a major thoroughfare (4,817 vehicles per day) and benefits from its proximity to Waynesburg University and Washington Health System. The strong NOI of $101,376 contributes to an attractive 7.75% cap rate and a price per square foot of $143.74. The asking price is $1,308,077. The oversized lot provides potential for future redevelopment. This is an ideal investment for a passive investor seeking a stable, high-performing asset in a desirable market serving a community with an average household income of $69,767 within a 5-mile radius. The property's strategic location and strong tenant make it a compelling investment opportunity. The property's location within a submarket where 70% of Dollar General stores serve communities under 20,000 residents further enhances its appeal.
Property Profile Location Intelligence

Current Use by Public Records

Dollar General Grocery & Convenience Store Western Union Bank FedEx OnSite Postal Service

Suggested Use

Dental Office Auto Repair Shop Auto Parts Store Department Store Food Market Cafe & Coffee Shop Grocery & Convenience Store Daycare Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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City
Waynesburg
County
Greene
State
Pennsylvania
Longitude
-80.2622334
Latitude
39.8799879

FAQs

What type of property is this?
Individual retail property - Waynesburg, PA Retail Property - 7.75% Cap Rate
Where is this individual retail property located?
The property is located at 3414 Roy Furman Hwy Waynesburg, PA.
What is the asking price?
The asking price for this property is $1,308,077.
What are key features of this property?
This property features: Investment-grade corporate guarantee by Dollar General (BBB rated by S&P).; Absolute NNN lease with over nine years remaining and three five-year renewal options, featuring 10% rent increases.; Ideal Dollar General submarket; 70% of Dollar General stores serve communities under 20,000 residents.
(484) 567-2340 Call to check price and availability
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