Property profile

3582 Saxonburg Rd Natrona Heights, PA 15065

OFF-MARKET
Retail properties & Spaces
9,100 SF 1 ac lot Built 2023
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Retail properties & Spaces
Year built 2023
Total area 9,100 SF
Lot 1 ac (43,560 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

3582 Saxonburg Rd Natrona Heights, PA 15065
Natrona Heights metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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