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797 Industrial Blvd, New Kensington, PA, 15068

DOLLAR GENERAL
$1,388,257

Key Information

Cap Rate
8.15%
Tot. SF
9,002
Year Built
2014
Term Remaining
±4 YRS
Type
Retail

Highlights

Lease & Location:

  • 2014 build-to-suit construction for Dollar General
  • Absolute NNN Lease – Zero Landlord Responsibilities
  • 5 mile population in excess of 74,080 residents
  • Extremely strong household income of $79,121 annually
  • Corporately guaranteed lease from Dollar General Corporation
  • Nearby national tenants include Advance Auto Parts, Caliber Collision, Walmart, Five Below, Ross, and more

Tenant:

  • Dollar General has ±21,000 locations and plans to continue their expansion for the foreseeable future
  • Dollar General has an investment-grade credit rating of BBB (S&P)
  • Dollar General has been considered an essential retailer and has proven to be one of the most profitable companies through the COVID-19 pandemic.
  • Dollar General has a Market Cap of over 25 Billion

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