Property summary
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.
Property profile
VerifiedCap rate & NOI
Current use
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Grocery & Convenience Store
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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