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1969 US Hwy 522 N
Lewistown, PA 17044

$1,319,360 USD

Freestanding For Sale  •  12,855 SF

Property Details

  • Property Type Freestanding
  • Total Building Size 9,170 SF
  • Lot Size 1.11 AC
  • Building Class B
  • Year Built 2020
  • Cap Rate 7.50 %
  • Tenancy Single
  • Zoning C-2
10 Walk Score

Highlights

Absolute NNN Lease - Passive Ownership Structure. DG is responsible for taxes, insurance, and maintenance - zero Landlord obligations.
Corporately guaranteed by Dollar General (NYSE: DG), an investment grade credit tenant rated BBB by Standard & Poor’s.
15-year absolute NNN lease commencing November 13, 2020, and expiring November 30, 2035, with over 10 years remaining.
Ideal DG Submarket - Dollar General serves as a primary resource for grocery and household necessity items in Lewistown, PA.
Located approximately 30 miles from State College, home to Penn State University, the property captures additional demand from students and visitors.
The property is along U.S. Highway 522 N (7,197 VPD) and benefits from Lewistown’s Amtrak station, providing regional access.
Cap Rate: 7.50 %

Public Transportation

Commuter RailDriveWalkDistance
9 min - 4.7 mi
AirportDriveWalkDistance
State College Regional 56 min - 36.9 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 20
Type: Surface
Included in Rent: Yes
Matthew Gorman 215-603-6914 CBRE, Inc.
Matthew Gorman 215-603-6914 CBRE, Inc.