29650 Us-220 Athens, PA 18810
- Retail properties
- 9,100 SF
Current Use by Public Records
- Retail properties
Property Details for 29650 Us-220
- Year built
- 2018
- Property size
- 9,100 SF
- Property type
- Retail properties
- Property subtype
- Grocery and convenience stores
Description
This exceptional investment opportunity presents a fee-simple, single-tenant Dollar General convenience store in Athens, Pennsylvania. The 9,100 square foot building, constructed in 2018, sits on a 100% occupied property and boasts an absolute NNN lease structure, freeing the owner from landlord responsibilities. The property features a strong credit-rated tenant with a remaining lease term of approximately nine years, including 3-4 and 5-year options. The asking price is $1,423,542, translating to $156.43 per square foot. Attractive seller financing is available with a 4.50% interest rate, a nine-year term, and a 20-year amortization schedule. This presents a compelling opportunity for investors seeking a stable, cash-flowing asset with a nationally recognized tenant in a resilient retail sector. The property is located at 29650 US-220, Athens, PA 18810, within Bradford County. This is a single-story building situated on a single unit. The investment highlights include a 6.11% cash-on-cash return and a 60% loan-to-value ratio. The property's location in a desirable market with limited competition ensures strong performance and long-term value. This is an ideal investment for those seeking a low-maintenance, high-return property backed by a financially sound national retailer.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Athens
- County
- Bradford
- State
- Pennsylvania
- Longitude
- -76.5249
- Latitude
- 41.9258
