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141 S Spring St, Bellefonte, PA, 16823

Dollar General

$600,000

Key Information

Cap Rate
7.89%
Tot. SF
10,051
Lot Size
0.32 Acres
Year Built
1999
Type
Retail
NOI
$47,340

Highlights

• 12 Miles Northeast from Penn State University
• State College MSA (159,805 Population)
• Located next to Talleyrand Park: A lush, 3.5-acre downtown park featuring the Historic Bellefonte Train Station
• 26,560 population within a 5-mile radius of the site
• Annual Household Income = $92.1k within a 5-mile radius of the site
• Located down the street from Bellefonte Area High School (850 Students)
• Located in the Happy Valley region of Pennsylvania: a vibrant region in Centre County encompassing State College and Penn State University. Famous for its loyal college sports culture, outdoor recreation across 750,000 acres of public lands, and rich history, it features iconic attractions like Beaver Stadium and the Berkey Creamery
• Positioned along Interstate 99 (I-99), the major highway running through Penn State’s campus and providing access to State College
• Double Net (NN+) Lease with minimal landlord responsibilities
• Brand new sidewalk and recently repaired HVAC compressors
• 10,051 SF Building originally constructed in 1999

Photos

Location

Agents

Broker of Record

Kyle Matthews

License # RM423998, RB068831 (PA)
Matthews Real Estate Investment Services, Inc
1600 West End Ave, Ste. 1500 Nashville, TN 37203