Family Dollar 821 Chartiers Ave 8,186 SF Retail Building McKees Rocks, PA 15136 $1,688,076 CAD ($206.22 CAD/SF) 7.36% Cap Rate

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase a freestanding Family Dollar investment property located at 821 Chartiers Avenue in McKees Rocks, Pennsylvania (the “Property”). Family Dollar has been at this location since 2010 and has preemptively extended their lease for 10 years (4-years early) demonstrating their commitment to the site and the market. Family Dollar has 8+ years remaining on their lease with two (2), 5-year renewal options. The lease features attractive an attractive rent increase in 2030 and at the start of each renewal option.
821 Chartiers Avenue is strategically positioned along Chartiers Avenue, a prominent commercial corridor serving McKees Rocks and the surrounding residential communities. The Property offers convenient access to Interstate 79, Interstate 376 (Parkway West), Pennsylvania Route 51, Route 65, and the McKees Rocks Bridge, providing connectivity throughout the western Pittsburgh metropolitan area. Family Dollar is also approximately five miles from Downtown Pittsburgh and approximately 15 minutes from Pittsburgh International Airport. Supported by established residential neighborhoods, nearby schools and employers, and the diverse economic base of the Pittsburgh region, the location provides an attractive setting for a value-oriented retailer. The essential nature of Family Dollar's merchandise, combined with the store's convenient neighborhood location and accessibility to a broad consumer base, supports the Property's appeal as a necessity-based retail investment.