4871 Us-219 Brockport, PA 15823
- Retail properties
- 10,566 SF
- 2.50 lot acres
Current Use by Public Records
- Retail properties
Property Details for 4871 Us-219
- Year built
- 2023
- Lot size
- 2.50 lot acres
- Property size
- 10,566 SF
- Property type
- Retail properties
- Property subtype
- Retail space
Description
This exceptional investment opportunity presents a newly constructed, 10,566 square foot Dollar General storefront located at 4871 US-219, Brockport, PA 15823. The property sits on a 2.5-acre lot and boasts a 15-year absolute NNN lease with Dollar General Corporation, commencing December 2023 and expiring December 31, 2038. The lease includes a 6.50% cap rate and features built-in rent increases of 5% every five years, minimizing landlord responsibilities and maximizing long-term returns. With a current NOI of $114,623 and an asking price of $1,763,430 ($166.90/sq ft), this investment offers significant potential. The property benefits from a strong location within a 27,000+ population radius and an average daily traffic count of 8,119. The tenant, Dollar General, holds an investment-grade credit rating of BBB from Standard & Poor's, providing further security. The lease includes three five-year renewal options, ensuring long-term stability. This single-story, 2023-built building is zoned for commercial use and represents a secure, passive income stream for discerning investors. The property is offered for sale by owner.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Brockport
- County
- Elk
- State
- Pennsylvania
- Longitude
- -78.7306
- Latitude
- 41.2565
