Assumable loan with attractive terms: 3.99% rate until February 2031 with an outstanding balance of $958,420 (as of January 2024) |
2020 Construction Dollar General on a NNN lease with 12 years of base term remaining, 3 5-year options, and 10% rent increases at each option |
Located along a state route in a rural area with limited retail competition | traffic volume in front of the property exceeds 4,800 vehicles per day |
Wampum is located along the Beaver River in the growing Pittsburgh-New Castle-Weirton CSA |
Great acquisition opportunity for an investor looking for a net lease asset guaranteed by an investment-grade tenant |