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Dollar General

6805 Interchange Road, Lehighton, PA, USA
$1,639,852 6.75% Cap 9,100 sq ft Built 2018 Representative Photo Print This Page

Location

6805 Interchange Road, Lehighton, PA, USA

Price: $1,639,852
Cap Rate: 6.75%
Net Operating Income: $110,690
Square-Footage: 9,100

100% Fee Simple InterestAbsolute NNN LeaseCorporate GuaranteeInvestment Grade CreditNew 15 Year NNN LeaseRated CreditS&P Rated BBBScheduled IncreasesZero Landlord Obligations

This is the unique opportunity to purchase a corporately guaranteed Dollar General asset with a newly executed absolute NNN lease in Lehighton, PA.

This is a new 15 year lease calling for zero landlord obligations. The tenant has three 5 year renewal options with 10% increases. The building is newly constructed. This is an ideal opportunity for a passive investor looking for a long-term stable investment.

Lehighton is a borough in Carbon County, Pennsylvania, United States, 77 miles (124 km) north of Philadelphia, and 54 miles (87 km) south of Scranton. In the past, it developed early industries because of water power from the Lehigh River. With the location of a repair facility here and its regional operations, the Lehigh Valley Railroad became for years a major employer of thousands of people from the area.

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