For Sale
$1,981,355
1555 Washington Blvd McKeesport, PA 15133
High-yield, low-maintenance retail investment.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 134
Highlights
- $1,981,355 asking price for a 10,566 SF Dollar General storefront in McKeesport, PA.
- Absolute NNN net lease with a credit-rated tenant.
- 15-year lease (13.5 years remaining) commencing May 8, 2023, with 5% rent bumps every 5 years and three five-year options.
- 6.50% cap rate and $128,788 annual NOI.
- Located on a 0.93-acre lot with high traffic counts (3,657 ADT) and a large population (132,000+) within 5 miles.
Property Details for 1555 Washington Blvd
- Property type
- Retail properties, Retail space
- Square Feet
- 10,566 SF
- Year Built
- 2023
- Buildings
- 1
- Stories
- 1
- Lot Size (sq. ft)
- 40,511 SF
- Units
- 1
Location Insight
- City
- McKeesport
- County
- Allegheny
- State
- Pennsylvania
- Latitude
- 40.3331093
- Longitude
- -79.879777
Nearby Similar for Sale
FAQs
- What type of property is this?
- Retail property - High-yield, low-maintenance retail investment.
- Where is the retail property located?
- The property is located at 1555 Washington Blvd McKeesport, PA.
- What is the asking price?
- The asking price for this property is $1,981,355.
- What are key features of this property?
- This property features: $1,981,355 asking price for a 10,566 SF Dollar General storefront in McKeesport, PA.; Absolute NNN net lease with a credit-rated tenant.; 15-year lease (13.5 years remaining) commencing May 8, 2023, with 5% rent bumps every 5 years and three five-year options.
- 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 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 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].
Visit Broker Website