For Sale
$1,322,440

400 Lincoln Hwy Coatesville, PA 19320

High-yield Family Dollar investment. Strong tenant, long lease.

Overview

Added:
Dec 11, 2024
Days on market:
135
This exceptional investment opportunity presents a single-tenant, absolute NNN leased Family Dollar storefront located at 400 Lincoln Hwy E, Coatesville, PA 19320. The property boasts 8,320 square feet on a 0.83-acre lot and was constructed in 2016. Currently operating at 100% occupancy, the lease with Family Dollar (a BBB- rated tenant by Standard & Poors, backed by a corporate guarantee) extends until March 31, 2031, offering a remaining term of approximately 6.4 years. The current annual net operating income (NOI) is $132,244, representing a 10.00% capitalization rate. A significant 10% rent increase is scheduled for April 1, 2026, further enhancing the investment's return. The property benefits from its prime location on Lincoln Highway East, a major thoroughfare in Coatesville with approximately 10,000 vehicles per day, and serves a strong demographic area with an average household income within a three-mile radius of approximately $102,000. This is a truly passive investment opportunity with zero landlord responsibilities due to the absolute NNN lease structure. The asking price is $1,322,440, translating to a price per square foot of $158.95.

Highlights

  • $1,322,440 asking price for this 8,320 SF Family Dollar storefront.
  • Absolute NNN lease with corporate guarantee, offering passive ownership.
  • 6.4 years remaining on the lease, with a 10% rent increase scheduled for April 1, 2026.
  • Located on Lincoln Hwy E in Coatesville, PA, a high-traffic area.
  • Strong tenant: Family Dollar/Dollar Tree (BBB- credit rating).

Property Details for 400 Lincoln Hwy

Property type
Retail properties, Retail space
Square Feet
8,320 SF
Year Built
2016
Buildings
1
Lot Size (sq. ft)
36,155 SF

Location Insight

City
Coatesville
County
Chester
State
Pennsylvania
Latitude
39.9838929
Longitude
-75.8170891

FAQs

What type of property is this?
Retail property - High-yield Family Dollar investment. Strong tenant, long lease.
Where is the retail property located?
The property is located at 400 Lincoln Hwy Coatesville, PA.
What is the asking price?
The asking price for this property is $1,322,440.
What are key features of this property?
This property features: $1,322,440 asking price for this 8,320 SF Family Dollar storefront.; Absolute NNN lease with corporate guarantee, offering passive ownership.; 6.4 years remaining on the lease, with a 10% rent increase scheduled for April 1, 2026.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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400 Lincoln Hwy
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