616 Main St Gallitzin, PA 16641
For Sale
1 / 9
Property summary
This exceptional investment opportunity presents a 9,014 square foot Dollar General store located at 616 Main St, Gallitzin, PA 16641. The property sits on a 0.56-acre lot with 32 parking spaces and boasts a 7.60% cap rate based on a Net Operating Income (NOI) of $66,150. The single-tenant, NNN lease with Dollar General commenced July 1, 2024, and extends to June 30, 2030, offering 5.6 years of remaining lease term with three (5-year) options, including a 5% rent bump at each option. Built in 2009, this Class C retail building features a 100% occupancy rate and benefits from a new roof coating installed in 2022, backed by a 20-year warranty. The property enjoys high visibility on Main Street with 151 feet of frontage and is situated in a high-traffic area, benefiting from proximity to major highways US-22 and I-99. The strong local market shows a low vacancy rate and increasing rents, further enhancing the investment potential. The asking price is $870,000, translating to $96.52 per square foot. Detailed traffic counts and demographic information are available upon request. This is a rare opportunity to acquire a stable, high-performing retail investment with a credit tenant and significant remaining lease term.
Property profile
VerifiedCap rate & NOI
Current use
-
Discount Store
-
Insurance Agency
-
Bank Credit Union
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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
Derived from the Gallitzin market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
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.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.