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7764 State Route 49, Osceola, PA, 16942

Family Dollar

$691,429

Key Information

Cap Rate
8.75%
$ per SF
$71
Tot. SF
9,627
Lot Size
3 Acres
Year Built
2003
Term Remaining
± 4 Years
Type
Retail
Occupancy
100%
NOI
$60,500

Highlights

• Corporate Tenant – Family Dollar operates over 8,000 stores nationwide and is one of the largest discount retailers in the nation.
• Low Rent Supports Tenant Retention – The property benefits from a low rental rate in comparison to the Family Dollar national average, which provides Family Dollar with an attractive occupancy cost and supports the tenant’s long-term commitment to the location.
• Large ±3.00-Acre Site – The property sits on an expansive ±3.00-acre parcel, providing substantial land relative to the ±9,627 SF building and creating potential for future site utilization, expansion, redevelopment, or other value-add opportunities, subject to zoning and approvals.
• Established Retail Location and Strong Real Estate Fundamentals – Constructed in 2003, the Family Dollar operates from an established retail site with a long operating history. Furthermore, the property sits directly off State Route 49, and benefits from high traffic with consistent visibility and accessibility.
• Percentage Rent Upside – Tenant pays an additional 3% of gross sales above $2,000,000 annually, offering potential for income upside tied to store sales performance.

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