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    FOR LEASE
    Outlet malls

    878 E Brady Rd, Cowansville, PA 16218

    9,460 SF 1.11 ac lot Built 1951
    Entity Owned 5-yr Hold
    Property ID
    US73-2242453
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents a 9,026 square foot Dollar General store located at 878 E Brady Rd, Cowansville, PA 16218. Built in 2021, the property boasts an absolute NNN lease with a corporate guarantee, ensuring minimal landlord responsibilities. The current lease term extends to January 13, 2036, offering a substantial remaining term of 11.2 years, with three 5-year renewal options. The property generates a strong net operating income (NOI) of $100,938, resulting in an attractive 7.15% cap rate. The asking price is $1,411,720, translating to a price per square foot of $156.41. This strategically located store benefits from high visibility on the corner of Pence Road and E Brady Road, experiencing over 2,700 vehicles per day. The surrounding area demonstrates strong demographics, with an average household income of $81,708 within a 5-mile radius and an estimated population of 7,225. The tenant, Dollar General, enjoys a "BBB" credit rating and has proven its resilience during economic uncertainty. This is a rare opportunity to acquire a high-performing, low-maintenance retail investment with a strong tenant and significant remaining lease term. The property is classified as a convenience store, grocery store, and storefront. This is an absolute NNN lease with zero landlord responsibilities and zero competition in the area.

    Property profile
    Verified
    Property type Outlet malls
    Use group WHOLESALE OUTLET, DISCOUNT STORE
    Year built 1951
    Total area 9,460 SF
    Lot 1.11 ac (48,552 SF)
    Zoning code INDUSTRIAL
    APN 12-0-006356
    UPID US73-2242453
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Dollar General Discount Store
    • Western Union Bank Credit Union
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $1.57M
    CAP Approach CAP
    $1.29M
    Comparable Approach Comparable
    $1.38M
    Blend (final) Blend
    $1.57M
    Owner & transaction history
    Bg Dg II LLC · 5 yrs held
    Bg Dg II LLC
    since 2021
    Last sale
    $1.6M
    6 recorded transactions
    2021
    2021
    $1.6M
    2021
    2020
    $168,750
    2020
    $170,000
    1969
    Zoning & alternative use
    INDUSTRIAL · Cowansville, PA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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