204 S Wausau Rd Middleburg, PA 17842
For Sale
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This 12,800-square-foot Family Dollar storefront in Middleburg, Pennsylvania, presents a compelling value-add investment opportunity. Currently operating under a net-net lease with a single tenant, the property boasts a strong 11% cap rate and a substantial $77,000 net operating income (NOI). The existing Family Dollar lease, commencing June 30, 2008, and expiring June 30, 2025, offers a remaining term of approximately six months. The tenant has notified the landlord of their intent not to renew. This provides a unique opportunity for a buyer to secure a year of rent collection while actively seeking a new tenant or pursuing a lease buyout with the existing tenant, who has expressed interest in such an arrangement. The property, built in 2008, is a Class B, single-story building situated on a 0.83-acre lot. An additional 4,000 square feet of basement space, accessible via a separate entrance, offers significant potential for additional income generation through separate leasing. The asking price is $700,000, translating to $54.69 per square foot. The property's location in Middleburg, PA, zip code 17842, at 204 S Wausau Rd, offers excellent visibility and accessibility. This is an ideal opportunity for investors seeking a short-term hold with significant upside potential through lease renegotiation, backfilling, or redevelopment. The property is offered fee simple.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.