Hustontown Retail for Sale
Prime Net Lease is pleased to present this 9,100 SF Dollar General store located in Hustontown, Pennsylvania. The property is encumbered with a 15-year absolute NNN lease, leaving the landlord with no responsibilities. There are currently 8+ years remaining on the current lease with Three, 5-year options left. The lease is corporately guaranteed by Dollar General Corporation which holds a credit rating of “BBB”, which is classified as Investment Grade.
This Dollar General is ideally situated on Waterford Road/PA-655, the main throughway in Hustontown (2,497 V.P.D.) connecting residents to neighboring towns. There are 1,282 people within 3 miles of the site, 2,857 people within 5 miles and 4,909 people within 7 miles. There is minimal competition surrounding Dollar General, and the closest dollar store is over 10 miles away, making this go-to store for residents, local businesses, and commuters passing through and serve multiple needs in this market (discount, convenience, food etc.). Nearby uses include Twist & Shake, U.S. Postal Service, F&M Trust, Keller's Country Store and Ridgeline Hardware. The subject property is also adjacent to the PA Turnpike/I-76 which sees 22,903 vehicles passing by daily and is along the route for visitors traveling west on I-76 to Raystown Lake Recreation Area - an 8,300 acre lake that is the largest entirely within Pennsylvania and a popular destination for boating, fishing, camping, hiking and more. Hustontown is situated in Dublin and Taylor Township in northern Fulton County and is just 70 miles west of Harrisburg and 21 miles east of Breezewood.
The subject offering represents an ideal opportunity for a 1031 exchange buyer or a “passive” investor to attain the fee simple ownership of a Dollar General. This investment will offer a new owner continued success due to the financial strength and the proven profitability of the tenant, the nation’s top dollar store.
