Pennsylvania Family Dollar Portfolio
Property Type: Retail | Property Status: Sold
Property Details
Price: $3,875,000
CAP Rate:
Square Feet:
Tenancy Type: National
Lease Type: NNN
Location Info
Address: Clintonville, Shenandoah
City: Sligo
State: PA
Zip:
Property Description
Short Description:
The Cooper Commercial Investment Group is pleased to announce the sale of the portfolio of three Family Dollar stores located in Sligo, Shenandoah and Clintonville, Pennsylvania. Dan Cooper, President and Broker of the Cooper Commercial Investment Group in Cleveland, Ohio, had the privilege to represent the seller, a private investment group out of Ohio whom Dan has worked with on multiple transactions in the past. The California buyer purchased the properties for $3,875,000, representing a 7.51% CAP Rate and 97% of the list price. All three locations have approximately 8 years of initial lease term remaining.
Details
The Cooper Commercial Investment Group looks forward to working with parties interested in selling or looking to acquire other similar commercial assets and encourages you to contact them for a no obligation evaluation of your commercial property. Visit them on-line at www.coopergrp.com for the most up-to-date listings and information. Stay connected, “Like” them on Facebook and follow them on Twitter @TheCooperGrp.