616 Main St, Gallitzin, PA 16641
For Sale
1 / 9
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.
-
Dollar General Discount Store
-
Travelers Insurance Insurance Agency
-
Western Union Bank Credit Union
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
No recorded transactions found for this property.
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.