1515 SHOEMAKER ST

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1515 SHOEMAKER ST

NANTY GLO, PA 15943-1261
Asking Price
$469K
Cap Rate
8.75%
Asset Type
Convenience Store Retail
Class
Class B

What's Special

Dollar General | High Cap Rate | Low Price Point <p><strong style="color: rgba(0, 0, 0, 1)">This Dollar General is located at 1515 Shoemaker Street in Nanty Glo, Pennsylvania. </strong></p><p></p><p><strong style="color: rgba(0, 0, 0, 1)">The subject property is a 10,000 square-foot building that was constructed in 1999. There are currently 4.4years remaining on the lease agreement, which expires on August 31, 2030. There are two, five-year options remaining, both with 10% rental increases. The Double Net lease structure calls for the tenant t

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NOI
$80,000
Cap Rate
17.06%
DSCR
2.87
Strong
Cash-on-Cash
37.07%
Monthly Payment
$2,320.495
Annual Cash Flow
$52,154.064

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