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Dollar General- Altoona, PA 404 E 25th Ave 7 489 pi² Commerce de détail Immeuble Altoona, PA 16601 2 845 530 $ CAD (379,96 $ CAD/pi²) 6,50% Taux de capitalisation
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FAITS SAILLANTS DE L'INVESTISSEMENT
- Brand-New NNN 15 Year Lease
- PSU Altoona campus adjacent. Strong local population and economic drivers
- Investment grade credit tenant
- Rare High Traffic signalized intersection location for DG.
- Dollar General executed a new 15 Year Absolute NNN lease featuring 5% rent increases every 5 years
- Absolute NNN lease and outstanding position in submarket.
RÉSUMÉ DE L'ANNONCE
Dollar General is strategically located on a hard corner, in front of the local Mcdonalds. Located directly across from a Sheetz and neighboring retailers, (Family Dollar, Papa Johns, and Subway. The intersection of E 25th Ave (5,886 VPD) and Juniata Gap rd (9,351 VPD) generates a combined 15,200 VPD.
Located less than 1,800 ft from Penn State Altoona, the campus will serve as a main economic driver for this DG location.
Penn State Altoona is home to approximately 2,371 undergraduates. is an undergraduate college of Penn State, one of the nation’s largest and most widely recognized academic institutions. The campus enrolls nearly 2,500 students and offers twenty-one bachelor's degrees. There are also five associate degrees, along with the first two years of study, leading to more than 275 baccalaureate majors offered throughout Penn State.
Located in beautiful central Pennsylvania, Penn State Altoona’s two campuses serve a growing and vibrant region. The 171.5-acre Ivyside campus includes academic buildings, residence halls, an athletic complex and fields, and a reflecting pond (complete with ducks).
With over 11,700 people in a 1 mile radius of the property, demographics support strong tenant performance in the future and high residual real estate value.
Located less than 1,800 ft from Penn State Altoona, the campus will serve as a main economic driver for this DG location.
Penn State Altoona is home to approximately 2,371 undergraduates. is an undergraduate college of Penn State, one of the nation’s largest and most widely recognized academic institutions. The campus enrolls nearly 2,500 students and offers twenty-one bachelor's degrees. There are also five associate degrees, along with the first two years of study, leading to more than 275 baccalaureate majors offered throughout Penn State.
Located in beautiful central Pennsylvania, Penn State Altoona’s two campuses serve a growing and vibrant region. The 171.5-acre Ivyside campus includes academic buildings, residence halls, an athletic complex and fields, and a reflecting pond (complete with ducks).
With over 11,700 people in a 1 mile radius of the property, demographics support strong tenant performance in the future and high residual real estate value.
FAITS SUR LA PROPRIÉTÉ
Type de vente
Investissement pour loyer hypernet
Type de propriété
Commerce de détail
Sous-type de propriété
Taille du bâtiment
7 489 pi²
Année de construction
2025
Prix
2 845 530 $ CAD
Prix par pi²
379,96 $ CAD
Taux de capitalisation
6,50%
Revenu net d’exploitation
184 959 $ CAD
Location
Unique
Hauteur du bâtiment
1 étage
Coefficient d’occupation des sols de l’immeuble
0,20
Taille du lot
0,87 AC
Zonage
Neighborhood Business
PRINCIPAUX LOCATAIRES
- LOCATAIRE
- SECTEUR
- pi² OCCUPÉ
- LOYER/pi²
- FIN DU BAIL
- Dollar General
- -
- -
- -
- -
| LOCATAIRE | SECTEUR | pi² OCCUPÉ | LOYER/pi² | FIN DU BAIL | ||
| Dollar General | - | - | - | - |
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Dollar General- Altoona, PA | 404 E 25th Ave
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