Dollar General – Spring Grove, PA — photo 1 of 6 — Dollar General – Spring Grove, PA

Retail – Discount / GrocerySpring Grove, PACode AMC-4203

Dollar General – Spring Grove, PA

Spring Grove, PA

Status

Sold

Closed Feb 20, 2025 · Listed Aug 20, 2024

Sale price and cap rate are not disclosed. Property facts are shown as marketed.

Property details

Tenant: Dollar General
Property type: Retail – Discount / Grocery
Lease type: Absolute NNN
Lease guarantee: Corporate Guarantee
Term remaining: 7 yrs
Listing code: AMC-4203

Investment highlights

York – Hanover MSA has a population of more than 450,000 Residents
Centrally located between Hanover, Shrewsbury and York PA
Absolute NNN Lease with No Landlord Responsibilities
No Competition within a 5+ Mile Radius of the Site
Full Interior Remodel in 2023 with the Addition of Coolers and Self-Checkout
125K+ Residents within a 10 Mile Radius of the Site
2 Miles away from a brand new D.R. Horton Residential Development

Sale description

This 9,100 SF Dollar General store, located at 65 Baltimore Street, Spring Grove, PA, offers investors a stable, long-term investment opportunity. With an absolute NNN lease and over 7 years remaining on the original 15-year term, this property generates a current NOI of $102,888. Built in 2016, the property recently underwent a full interior remodel, including new coolers and self-checkout. The site is ideally situated with no competition within a 5-mile radius and is just two miles from a new D.R. Horton residential development.

Published Aug 20, 2024. Information is provided by AMC REIS from sources believed reliable; buyers should verify all figures in the offering memorandum.