Property profile

1712 Lincoln Hwy North Versailles, PA 15137

OFF-MARKET
Outlet malls
Property ID
US73-2989764
1.07 ac lot
Individually Owned ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional investment opportunity presents a 10,000-square-foot Dollar General storefront located at 1712 Lincoln Hwy, North Versailles, PA 15137. The property boasts a strong 7.00% cap rate and a substantial net operating income (NOI) of $129,500. Secured by a 10-year NNN lease with a credit-rated tenant, this investment offers minimal landlord responsibilities. The lease commenced March 17, 2023, and includes three five-year renewal options with a 10% rent increase at each option. The property sits on a 1.1-acre lot and provides 49 parking spaces. Built in 2023, this single-story building is situated in a high-traffic area with an average daily traffic count of 23,732 and serves a population exceeding 132,000 within a 5-mile radius. The property is zoned commercial and benefits from a 100% occupancy rate. This is a single-tenant, single-building investment with a remaining lease term of approximately 8.4 years, offering a secure and passive income stream. The tenant, Dollar General Corporation, is investment grade rated BBB by Standard and Poor's, providing further assurance and stability. The asking price is $1,850,000, translating to $185 per square foot.

Property profile

Verified
Property type Outlet malls
Use group WHOLESALE OUTLET, DISCOUNT STORE
Lot 1.07 ac (46,392 SF)
APN 645-M-244
UPID US73-2989764

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Gym & Fitness Center Sports School
  • Discount Store

Location

1712 Lincoln Hwy North Versailles, PA 15137-2510
North Versailles metro Census 564400 PITTSBURGH, PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$900k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$880k

Owner & transaction history

since 2025
Last sale
$875,000
5 recorded transactions
2025
$1.6M
2023
$875,000
2017
Price N/A
2010
Price N/A
1969
Price N/A

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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