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339 N Pike Rd
Sarver, PA 16055
Dollar General | Sarver, PA · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Absolute NNN lease - passive ownership structure. DG is responsible for taxes, insurance, and maintenance - zero Landlord responsibilities.
- 15-year lease with Dollar General, which commenced December 16, 2020, and runs through December 31, 2035, providing over 10 years of remaining term.
- Situated on a sizable 2.44-acre parcel, providing ample space for customer parking, efficient store operations, and long-term site flexibility.
- Corporately guaranteed by Dollar General (NYSE: DG), an investment grade credit tenant rated BBB by Standard & Poor’s.
- Strong Pittsburgh MSA Demos - within a 5-mile radius, the property serves a population of 17,889 residents with an AHI of $112,274.
EXECUTIVE SUMMARY
Part of a portfolio, available together or individually. Click here to view all properties: https://cbreemail.com/s/6cb7163cfd370b83e075e7db3b2e36445a241730
This Dollar General is strategically located at 339 N Pike Road in Sarver, Pennsylvania, just north of the highly trafficked town of Sarver. The property benefits from excellent visibility along N Pike Road, which transitions into S Pike Road closer to Sarver, resulting in traffic counts increasing from 12,409 VPD near the site to 23,535 VPD further south, providing strong daily exposure. The surrounding trade area includes 17,889 residents within 5 miles and 30,300 within 7 miles, with an average household income of $112,274 in the 5-mile ring, reflecting a strong, affluent core customer base. The area has experienced steady population growth over the past five years, supporting ongoing demand for retail convenience.
This Dollar General is strategically located at 339 N Pike Road in Sarver, Pennsylvania, just north of the highly trafficked town of Sarver. The property benefits from excellent visibility along N Pike Road, which transitions into S Pike Road closer to Sarver, resulting in traffic counts increasing from 12,409 VPD near the site to 23,535 VPD further south, providing strong daily exposure. The surrounding trade area includes 17,889 residents within 5 miles and 30,300 within 7 miles, with an average household income of $112,274 in the 5-mile ring, reflecting a strong, affluent core customer base. The area has experienced steady population growth over the past five years, supporting ongoing demand for retail convenience.
PROPERTY FACTS
Sale Type
Investment NNN
Sale Condition
Build to Suit
Property Type
Retail
Property Subtype
Building Size
9,100 SF
Building Class
B
Year Built
2020
Price
$2,024,819 CAD
Price Per SF
$222.51 CAD
Cap Rate
7.25%
NOI
$146,799 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
2.74 AC
Zoning
C
PROPERTY TAXES
| Parcel Number | 040-1F75-A1B-0000 | Improvements Assessment | $117,955 CAD |
| Land Assessment | $3,280 CAD | Total Assessment | $121,236 CAD |
PROPERTY TAXES
Parcel Number
040-1F75-A1B-0000
Land Assessment
$3,280 CAD
Improvements Assessment
$117,955 CAD
Total Assessment
$121,236 CAD
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