579 Woodland Bigler Hwy Woodland, PA 16881-8153

This fee-simple retail property in Woodland, Pennsylvania, features a 9,026 square foot Dollar General store on a 2.16-acre lot. The property boasts a 15-year absolute NNN lease with a corporate guarantee from Dollar General Corporation, an investment-grade tenant (S&P: BBB). The lease commenced August 21, 2016, and expires August 31, 2031, leaving approximately 6.8 years remaining. The asking price is $1,363,000, representing a 7.10% cap rate and a price per square foot of $151.01. The property generates a net operating income (NOI) of $96,708. Rent increases are structured with a 10% bump at the beginning of each option period. The store benefits from excellent visibility and access, fronting Woodland Bigler Highway, a road with an average daily traffic count of 11,900 vehicles. The strong tenant, Dollar General, opened over 1,050 new stores in 2023 and has a significant presence across the United States. The property is located in a robust trade area with over 36,000 residents and 15,000 employees within a reasonable radius, and an average household income exceeding $75,020 within a 10-mile radius. This is an ideal, management-free investment opportunity for a passive investor, with zero landlord responsibilities as the tenant covers all CAM, taxes, and insurance. The property's location and strong tenant provide a stable and attractive investment opportunity.