This 12,800-square-foot Family Dollar storefront in Middleburg, Pennsylvania, presents a compelling value-add investment opportunity. Currently operating under a net-net lease with a single tenant, the property boasts a strong 11% cap rate and a substantial $77,000 net operating income (NOI). The existing Family Dollar lease, commencing June 30, 2008, and expiring June 30, 2025, offers a remaining term of approximately six months. The tenant has notified the landlord of their intent not to renew. This provides a unique opportunity for a buyer to secure a year of rent collection while actively seeking a new tenant or pursuing a lease buyout with the existing tenant, who has expressed interest in such an arrangement. The property, built in 2008, is a Class B, single-story building situated on a 0.83-acre lot. An additional 4,000 square feet of basement space, accessible via a separate entrance, offers significant potential for additional income generation through separate leasing. The asking price is $700,000, translating to $54.69 per square foot. The property's location in Middleburg, PA, zip code 17842, at 204 S Wausau Rd, offers excellent visibility and accessibility. This is an ideal opportunity for investors seeking a short-term hold with significant upside potential through lease renegotiation, backfilling, or redevelopment. The property is offered fee simple.
Highlights
$700,000 asking price for a 12,800 SF Family Dollar storefront in Middleburg, PA.
Family Dollar's lease expires in one year and will not be renewed.
One-year rent collection period available while securing a new tenant.
4,000 SF basement with a separate entrance offers additional lease potential.
Family Dollar is open to a lease buyout.
Property Details
for 204 Wausau Rd
Property type
Retail properties, Retail space
Square Feet
12,800 SF
Class
B
Year Built
2008
Stories
1
Lot Size (sq. ft)
36,155 SF
Units
2
Location Insight
City
Middleburg
County
Snyder
State
Pennsylvania
Latitude
40.7846167
Longitude
-77.0438082
Nearby Comparable
For Sale
$650,000
Middleburg Bar & Grill Investment
Established Bar, Liquor License, Apartment Included
The property is located at 204 Wausau Rd Middleburg, PA.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: $700,000 asking price for a 12,800 SF Family Dollar storefront in Middleburg, PA.; Family Dollar's lease expires in one year and will not be renewed.; One-year rent collection period available while securing a new tenant.
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Contacts
Sam Wesson
Steve Sagmani
Visit Broker Website
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Useful Information
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Wausau Rd Middleburg, PA 17842
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Wausau Rd Middleburg, PA 17842
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
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204 Wausau Rd
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