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1509 Moravia St
New Castle, PA 16101

$712,500 USD

Freestanding For Sale  •  9,014 SF

Property Details

  • Property Type Freestanding
  • Total Building Size 9,014 SF
  • Building Class C
  • Year Built 2005
  • Cap Rate 8.00 %
  • Tenancy Single
0 Transit Score
30 Walk Score

Highlights

Long Term Occupancy + Extended Lease – Dollar General has been operating at this location since 2005 and has extended their lease.
trong Corporate Guaranty – Dollar General continues to prove its resiliency, both in booming and economic downturns, including the COVID 19 pandemic.
Ideal Location – The property is near Hwy 422 with ±14,000 VPD and services local communities including much of the surrounding industrial areas.
Passive Ownership – The lease requires minimal landlord responsibilities, offering a more passive and reliable stream of income.
Cap Rate: 8.00 %

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 27
Type: Surface
Included in Rent: Yes
Connor Olandt 949-432-4504 Matthews Real Estate Investment Services
Connor Olandt 949-432-4504 Matthews Real Estate Investment Services