Dollar General for Sale in Farrell, PA
Farrell, PA
Key Investment Metrics
Price
$1,650,000
Cap Rate
6.8%
Net Operating Income
$112,824
Building Size
10640 SF
Land Area
1.71 Acres
Remaining Term
9.2 years
Lease Expiration
09/29/2035
Lease Term
15.1 years
Lease Commencement
09/08/2020
Lease Type
Absolute NNN
Tenant Credit
Credit Rated, Corporate Guarantee
Year Built
2020
Occupancy
100%
Tenancy
Single
Rent Increases
10% Increases at Beg. of Each Option
Property overview
Dollar General in Farrell
Review the reported property and lease details, then request the supporting documents for your acquisition review.
- Building area
- 10,640 SF
- Land area
- 1.71 acres
- Year built
- 2020
- Lease type
- Absolute NNN
- Lease expiration
- 09/29/2035
Confirm current availability, pricing and lease terms through the inquiry form before relying on this listing.
Before you make an offer
Four things to verify
- 1
Lease and guaranty
Request the executed lease and amendments. Identify the legal tenant, guarantor and landlord obligations.
- 2
Income and expenses
Obtain the rent roll and operating statement supporting the advertised NOI and cap rate.
- 3
Property condition
Review survey, title, condition and environmental information relevant to this property.
- 4
Exchange requirements
For a 1031 exchange, confirm eligibility and deadlines with your qualified intermediary and tax adviser.