30400 Pa-77 Cambridge Springs, PA 16403
- Retail properties
- 10,640 SF
Current Use by Public Records
- Retail properties
Property Details for 30400 Pa-77
- Year built
- 2024
- Property size
- 10,640 SF
- Property type
- Retail properties
- Property subtype
- Retail space
Description
This exceptional investment opportunity presents a brand-new, 10,640-square-foot Dollar General storefront in Cambridge Springs, Pennsylvania. Built in 2024 to the tenant's specifications, this single-tenant property boasts a 15-year absolute NNN lease with zero landlord responsibilities, ensuring a passive income stream. The lease includes a 5% rental increase every five years throughout the primary term and each of the three, five-year options, providing significant long-term growth potential. The property benefits from a strong corporate guarantee from Dollar General Corporation, a Fortune 500 company with a BBB credit rating (S&P) and a $28 billion market cap. Located at 30400 PA-77, Cambridge Springs, PA 16403, the property serves a substantial market with over 17,174 residents within a 10-mile radius, exhibiting an average household income exceeding $71,000. The asking price is $1,876,923, representing a 7.15% cap rate and a current NOI of $134,200. The property's larger size indicates higher sales potential and improved operating margins. This is an ideal investment for those seeking a secure, high-yield, and low-maintenance retail asset. 100% occupancy ensures immediate cash flow.
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
- Cambridge Springs
- County
- Crawford
- State
- Pennsylvania
- Longitude
- -79.9412
- Latitude
- 41.7254
