For Sale
$1,510,000

4110 State StEdinburg, PA 16116

High-yield Dollar General in PA

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional investment opportunity presents a single-tenant, 9,026-square-foot Dollar General convenience store located at 4110 W State St, Edinburg, PA 16116. Built in 2017, this property sits on a 2-acre lot and boasts a strong 100% occupancy rate under a Net Lease (NNN) agreement with a corporate guarantee. The current lease, commencing November 2, 2017, and expiring November 30, 2032, offers a substantial remaining term of approximately 8 years. The lease includes three 5-year renewal options, each with a 10% rent increase. The property generates a significant Net Operating Income (NOI) of $102,807, resulting in an attractive 6.81% capitalization rate. The asking price is $1,510,000, translating to $167.29 per square foot. The property is zoned V1 and benefits from a high average annual household income exceeding $79,000 within a 3-mile radius. This is a turnkey investment with zero landlord responsibilities, offering a secure and profitable return for the discerning investor. The property's strong tenant, long lease term, and built-in rent increases provide exceptional stability and growth potential.

Highlights

  • $1,510,000 asking price for a Dollar General net-leased property.
  • NNN lease with zero landlord responsibilities.
  • 10% rent increase in each of the three (5-year) lease options.
  • Strong demographics: Average annual household income exceeds $79,000 within a 3-mile radius.
  • 9,026 square foot building on a 2-acre lot, built in 2017.
  • 6.81% cap rate with a $102,807 annual net operating income (NOI).

Property Details for 4110 State St

Property type
Retail properties, Grocery and convenience stores
Square Feet
9,026 SF
Year Built
2017
Buildings
1
Stories
1
Lot Size (sq. ft)
87,120 SF

Location Insight

City
Edinburg
County
Lawrence
State
Pennsylvania
Latitude
41.0076345
Longitude
-80.4634328
4110 State St, Edinburg, Pennsylvania

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4110 State St
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