Current Use by Public Records
- Retail properties & Spaces
Property Details for 31149 Us-6
- Year built
- 2024
- Lot size
- 2.02 lot acres
- Property type
- Retail properties & Spaces
- Property subtype
- Retail space
Description
This exceptional investment opportunity presents a newly constructed, 10,640 square foot Dollar General storefront located at 31149 US-6, Wysox, PA 18854. The property sits on a 2.02-acre lot and boasts a 14.5-year remaining lease term (commencing May 1, 2024, and expiring May 31, 2039), with a 6.50% cap rate and a current NOI of $128,598. The absolute NNN lease includes 5% rent increases every five years, minimizing landlord responsibilities. The tenant, Dollar General, is credit-rated and provides a corporate guarantee. The property benefits from a strong location with a population of 7,420+ within 5 miles and an average daily traffic count of 7,141. The asking price is $1,978,430 ($185.94/sq ft). This single-tenant, single-story building is zoned commercial and offers three five-year lease options, ensuring long-term stability and predictable income. The property's construction date is 2024. This is a truly passive investment opportunity with significant upside potential. The investment-grade rating of BBB by Standard & Poor's further enhances the security of this offering.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Wysox
- County
- Bradford
- State
- Pennsylvania
- Longitude
- -76.3784
- Latitude
- 41.7766
