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1517 Route 51, Clairton, PA, 15025

Dollar General
$1,183,000

Key Information

Cap Rate
8%
Tot. SF
7,225
Year Built
2018
Term Remaining
±7.6 YRS
Type
Retail
NOI
$94,644

Highlights

Strong National Tenancy and Attractive Lease Structure

  • Dollar General has exceptional investment-grade credit rating of BBB (S&P), providing an investor with security behind the rent payments and tenant obligations.
  • With approximately 21,000 locations nationwide, Dollar General is the leading discount retailer in the nation.
  • The company’s financial strength is underscored by a market capitalization of approximately $20 billion.
  • The Dollar General lease has approximately ±7.5 years of term remaining on an absolute NNN lease, benefiting an owner with a hands-off investment.

Attractive Local Demographics and Affluency

  • The surrounding area demonstrates strong consumer spending power, with an estimated $2.8 billion in annual retail expenditures within a ±5-mile radius of the property.
  • The average household income within a ±1-mile radius is approximately$153,064, indicating a stable and affluent local customer base that supports long-term retail success.

Strategic and Convenient Location

  • The property benefits from close proximity to Century III Plaza and Southland Shopping Center, both of which draw consistent foot traffic. These centers are anchored by premium national brands such as Home Depot, Giant Eagle Supermarket, Aldi, Petco, Marshalls, Burlington, PetSmart, Five Below, and Harbor Freight Tools, creating a synergistic retail environment.
  • Situated 15 miles south of downtown Pittsburgh, the location accesses a regional population of over 300,000 residents, enhancing its visibility and consumer reach.

Photos

Location

Agents

Broker of Record

Kyle Matthews

License # RB068831 (PA)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203