3582 Saxonburg Rd Natrona Heights, PA 15065
- Retail properties
- 9,100 SF
- 1.00 lot acres
Current Use by Public Records
- Retail properties
Property Details for 3582 Saxonburg Rd
- Year built
- 2023
- Lot size
- 1.00 lot acres
- Property size
- 9,100 SF
- Property type
- Retail properties
- Property subtype
- Retail space
Description
This exceptional investment opportunity presents a newly constructed, 9,100-square-foot Dollar General store located at 3582 Saxonburg Rd, Natrona Heights, PA 15065. The property boasts a 14-year remaining lease term (commencing November 7, 2023, and expiring December 1, 2038), with a 6.50% cap rate and a current NOI of $125,648. The absolute NNN lease includes built-in rent bumps of 5% every five years, and three five-year renewal options, minimizing landlord responsibilities. The tenant, Dollar General, is investment grade rated BBB by Standard & Poor's, providing significant financial security. Situated on a one-acre lot in a high-traffic area with an average daily traffic count of 9,221 and a population of over 34,000 within a five-mile radius, this single-tenant, single-story building offers a compelling return on investment. The asking price is $1,933,050, translating to $212.42 per square foot. The property is zoned commercial and was built in 2023. This is a turnkey investment with exceptional long-term potential. All aspects of the lease are guaranteed by Dollar General Corporation.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Natrona Heights
- County
- Allegheny
- State
- Pennsylvania
- Longitude
- -79.7297
- Latitude
- 40.6669
