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444 Butler Street, Clintonville, PA, 16372

Family Dollar
$1,250,000

Key Information

Cap Rate
9.33%
$ per SF
$150
Tot. SF
8,320
Lot Size
2.12 Acres
Year Built
2012
Type
Apartments
Occupancy
100%
NOI
$116,569

Highlights

  • Double-Net Lease (NN+): Tenant is fully responsible for property taxes & insurance
  • Landlord Responsibilities: Exterior structural portions of building
  • Recent Renewal: Family Dollar exercised their first 5-year option in Janurary 2024
  • Renewal Options: Three, 5-year options with 10% rental increases remaining
  • Demographics: Population of 13,254 residents within a 10-mile radius of the site
  • Household Income: Average household income of $80,037 within a 5-mile radius
  • Brand Ranking: Top 55 th Percentile of Family Dollar locations in PA (Source: AlphaMap.com)
  • Strategic Location: Directly across the street from Shenandoah Valley School District (1,231 students)
  • Site Positioning: Adjacent to strip center including Domino’s, Sunoco & Boyer’s Food Market (88,543 total visits/month)

Photos

Location

Agents

Broker of Record

Kyle Matthews

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