For Sale
$1,876,923

30400 Pa-77Cambridge Springs, PA 16403

High-Yield Pennsylvania Storefront

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional investment opportunity presents a brand-new, 10,640-square-foot Dollar General storefront in Cambridge Springs, Pennsylvania. Built in 2024 to the tenant's specifications, this single-tenant property boasts a 15-year absolute NNN lease with zero landlord responsibilities, ensuring a passive income stream. The lease includes a 5% rental increase every five years throughout the primary term and each of the three, five-year options, providing significant long-term growth potential. The property benefits from a strong corporate guarantee from Dollar General Corporation, a Fortune 500 company with a BBB credit rating (S&P) and a $28 billion market cap. Located at 30400 PA-77, Cambridge Springs, PA 16403, the property serves a substantial market with over 17,174 residents within a 10-mile radius, exhibiting an average household income exceeding $71,000. The asking price is $1,876,923, representing a 7.15% cap rate and a current NOI of $134,200. The property's larger size indicates higher sales potential and improved operating margins. This is an ideal investment for those seeking a secure, high-yield, and low-maintenance retail asset. 100% occupancy ensures immediate cash flow.

Highlights

  • 5% rental increases every 5 years throughout the primary term and three, 5-year options.
  • New 15-year lease, delivery December 2024.
  • 2024 built-to-suit construction to tenant specifications.
  • Absolute NNN lease; passive income for investors.
  • ±10,640 SF building, designed for consumable products; larger store size suggests higher sales and margins.
  • Strong corporate guarantee from Dollar General Corporation (Fortune 500, BBB S&P rating, $28B market cap).

Property Details for 30400 Pa-77

Property type
Retail properties, Retail space
Square Feet
10,640 SF
Year Built
2024
Buildings
1
Stories
1

Location Insight

City
Cambridge Springs
County
Crawford
State
Pennsylvania
Latitude
41.7253815
Longitude
-79.9411663
30400 Pa-77, Cambridge Springs, Pennsylvania

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
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.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
30400 Pa-77
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message