Dollar General NNN Property For Sale — Duke Center, PA
786 Main St, Duke Center, PA 16729
This new construction Dollar General property, built in 2024, offers an absolute triple net lease with zero landlord responsibilities, making it an ideal passive investment. The lease features a primary term of 15 years with approximately 14 years remaining, and includes three options to extend (two 5-year and one 4-year 11-month) with 10% rental increases at the start of each option. The property benefits from a strategic location on the main retail corridor with excellent visibility and over 130 feet of frontage on Main Street. Dollar General Corporation, a Fortune 500 company with a BBB credit rating (S&P) and a $17 billion market cap, provides a strong corporate guaranty. The immediate trade area exhibits limited competition, with the nearest Dollar Tree and Walmart both located more…
- Address: 786 Main St, Duke Center, PA 16729
- Asking price $1.46M
- 7.75% cap rate
- NOI $113,327
- 12.7 years remaining
- NNN lease
- Year built: 2024
- Building size: 10,640 SF
- Lease expiration: May 31, 2039
- Rent increases: Option 1 (6/1/2039 - 5/31/2044): 10% increase; Option 2 (6/1/2044 - 5/31/2049): 10% increase; Option 3 (6/1/2049 - 5/31/2054): 10% increase
- Guarantor: Corporate
Location
This Dollar General property is at 786 Main St in Duke Center, Pennsylvania.
Asset type: Retail