For Sale
$1,876,923

30400 Pa-77 Cambridge Springs, PA 16403

High-Yield Pennsylvania Storefront

Overview

Added:
Dec 11, 2024
Days on market:
136
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

FAQs

What type of property is this?
Retail property - High-Yield Pennsylvania Storefront
Where is the retail property located?
The property is located at 30400 Pa-77 Cambridge Springs, PA.
What is the asking price?
The asking price for this property is $1,876,923.
What are key features of this property?
This property features: 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.
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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30400 Pa-77
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