108 Greensburg Rd Lower Burrell, PA 15068
- Retail properties
- 14,820 SF
- 1.76 lot acres
Current Use by Public Records
- Retail properties
Property Details for 108 Greensburg Rd
- Year built
- 2009
- Lot size
- 1.76 lot acres
- Property size
- 14,820 SF
- Property type
- Retail properties
- Property subtype
- Grocery and convenience stores
Description
This exceptional investment opportunity presents a 14,820-square-foot Family Dollar store located at 108 Greensburg Rd, Lower Burrell, PA 15068. The property boasts a 10-year absolute NNN lease, eliminating all landlord responsibilities. Built in 2009, this single-story building sits on a 1.76-acre lot and includes 83 parking spaces. The property's zoning is C-3, and it enjoys 100% occupancy. The asking price is $4,954,839, representing a compelling 7.75% cap rate with a net operating income (NOI) of $384,000. The tenant, Family Dollar, is a creditworthy corporation, providing significant financial stability. The property is situated in Westmoreland County, Pennsylvania, within a thriving community with an average annual household income exceeding $74,000 within a 5-mile radius. This single-tenant, retail investment offers a secure and profitable addition to any portfolio. The lease is corporately guaranteed, ensuring consistent rental income. The property's strong location and financial performance make it an attractive investment opportunity.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lower Burrell
- County
- Westmoreland
- State
- Pennsylvania
- Longitude
- -79.756
- Latitude
- 40.552
