435 7th St, Indiana, PA 15701-2906

This exceptional investment opportunity presents a 14,285 square foot Dollar General storefront located at 435 S 7th St, Indiana, PA 15701. The property sits on a 1.84-acre lot and boasts a strong 7.20% cap rate, generating a net operating income (NOI) of $163,900. The property is currently 100% occupied by a credit-rated Dollar General, operating under a triple-net (NNN) lease with a remaining term of 14.8 years, expiring August 31, 2039. The lease commenced October 27, 2022, and includes three five-year options with a 10% rent increase at each option. This single-story building was renovated in 2022. The property benefits from its location in an Opportunity Zone, high site visits (top 2% nationally for Dollar General stores), and proximity to Indiana University of Pennsylvania, contributing to a high average daily traffic count of 9,536. A Dunkin Donuts is currently under construction next door, further enhancing the property's desirability and potential for increased foot traffic. The lease is corporate-guaranteed by Dollar General Corporation and carries an investment-grade rating of BBB by Standard & Poor's. The asking price is $2,276,390, translating to a price per square foot of $159.36. This is a rare opportunity to acquire a high-performing, stable, and well-located net lease investment. The property's strong tenant, long lease term, and favorable location make it an attractive investment for discerning buyers.