CLOSED CALL FOR TRANSACTION DETAILS
Rentable SF: 12,965 | Lot Size: 2.79 Acres
Investment Highlights
The Ida Group is pleased to present the exclusive net lease offering for a Dollar General located at 24 Main Avenue in Hawley, Pennsylvania. The property consists of 12,965 square feet of building space and is situated on a 2.79-acre parcel.
This investment is subject to an original 10-year double-net (NN) lease that was recently extended for five years and has approximately 9.5 years remaining. This is a corporate location and is guaranteed by Dollar General corporate (NYSE: DG), which has an investment grade credit rating (S&P BBB, Stable). The base rent is $108,250 and is subject to 10 percent rental escalations in each tenant renewal option. Tenant shall be entitled to extend the term of the lease for three successive periods of five years each.