Cap Rate
7.35%
Tot. SF
10,051
141 S Spring St, Bellefonte, PA, 16823
Dollar General
$600,000
Key Information
Lot Size
0.32 Acres
Year Built
1999
Type
Retail
NOI
$44,125
Highlights
- Modified NNN Lease: Tenant reimburses the landlord for taxes, insurance, and CAM; landlord remains responsible for the roof and structure.
- Newly Replaced HVAC: Two new compressors and filters were installed in 2025.
- New Concrete Sidewalk: Replaced in 2026.
- Brick Building: 10,051 SF building originally delivered in 1999.
- Lease Term: Lease extends through June 30, 2031, with six 5-year renewal options remaining.
- 12 miles northeast of Penn State University
- 26,560+ residents within 5 miles
- $92.1K average household income within 5 miles
- Located within the State College MSA, with a population of approximately 159,805
- Positioned near Interstate 99 (I-99), the major regional highway providing direct access to State College and Penn State
Photos
Location
Agents
D
Davis JohnsonLicense # 814048 (TX)
L
Lee CordovaLicense # 714883 (TX)
Broker of Record
Kyle Matthews
License # RM423998, RB068831 (PA)Matthews Real Estate Investment Services, Inc1600 West End Ave, Ste. 1500 Nashville, TN 37203