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996 Barn St 8,000 SF 4-Star Retail Building Hooversville, PA 15936 $882,476 CAD ($110.31 CAD/SF) 7.75% Cap Rate
Investment Highlights
- Dollar General Location Build-to-Suit in 2014 | 8,000-SF on a Large +/-2.37-AC Parcel
- Minimal Landlord Responsibilities | Landlord is Responsible for Roof, Structure and Parking Lot | 29 Parking Spaces With Landscaped Exterior
- Boasts High Visibility Along the Main Road Through Downtown Hooversville | 15 Miles From Johnstown, PA The Largest City in Cambria County
- New 10-Year Double Net (NN) Lease with 10% Rental Increases in Each of Three, 5-Year Option Terms| Corporately Guaranteed Lease
- Corner Location With Easy Access From All Traffic Directions and Two Points of Ingress and Egress
- 30 Miles From Seven Springs Mountain Resort, an All Season Ski, Golf and Outdoor Sports Resort, Seeing Over 1 Million Annual Visitors
Executive Summary
Property Facts
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Retailer
- -
- $8.54 CAD
- Double Net
- Oct 2030
Dollar General began in 1939 as J.L. Turner and Son, a family business rooted in Scottsville, Kentucky, and later adopted the Dollar General name as the business expanded. The company built its model around small-box discount retailing and a simple mission centered on serving customers with affordable products and services. The company offers food, health and wellness products, cleaning and laundry supplies, self-care and beauty items, and seasonal décor, sold through Dollar General, DG Market, DGX, pOpshelf, and Mi Súper Dollar General formats. Dollar General also sells products online and combines private brands with widely recognized national brands across a broad consumer mix.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Retailer | - | $8.54 CAD | Double Net | Oct 2030 |
Property Taxes
| Parcel Number | 180003980 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $217,006 CAD |
Property Taxes
Contacts
-
Darpan Patel -
Dante Moretti -
Dan Yozwiak -
Sam Elyassaki -
Peter Sibicky -
Timothy Stephenson, Jr. -
Marcus & Millichap
Presented by
996 Barn St
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