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Lease Information:
The primary lease term is guaranteed for 15 years with a
rare 3% rent increase in year 11. Tenant has 2-Five year
options with 10% rent bumps in each option period.
Tenant is responsible for all utilities, real estate taxes,
insurance, roof, interior/exterior repairs, landscaping and
maintenance of the parking lot. This is an absolute NNN
lease with no landlord responsibilities.
PennTex Ventures, LLC
333 Harvey Avenue, Suite 2
Greensburg, PA 15601
Phone: 724.420.5367
Fax: 724.420.5369
Email:
Timothy.Weinman@penntexventures.com
Timothy H. Weinman
President
Annual Rent Monthly Per Square Foot
$94,909 $7,909 $10.43Years 1-10
Years 11-15 $97,752 $8,146 $10.74
$107,527 $8,961 $11.82Option
Years 16-20
$118,280 $9,857 $13.00Option
Years 21-25
Property Information:
This Dollar General is located in a rural, close-knit area of
Butler County with almost no competition in the
surrounding areas. It is ideally situated in the center of
Nixon, 5 miles Southwest from Butler, PA the county seat
for Butler County. The position of the site captures traffic
flowing to and from the nearby population centers of
Butler. The position of the site will capture the shoppers
that travel up to 10 miles to shop in Butler. There are
numerous businesses nearby that provide ample traffic
generation including: Penn Christian Academy, and the
Butler County Airport. The shopping needs of Nixon and
the surrounding communities are currently underserved.
This store’s unique and irreplaceable location will meet
those needs for years to come.
The site situates on a heavily trafficked road. Route 8,
also known as Pittsburgh Road sees over 19,000
vehicles per day. Most importantly, the site has high
visibility along the road with easy access in and out. The
spacious parking lot will offer 33 parking spaces with a
36’ driving aisle making parking and backing out quick
and convenient for shoppers.
DEMOGRAPHICS: 1 MILE: 3 MILES: 5 MILES:
2012 POPULATION: 1,292 6,534 21,997
2012 HOUSEHOLDS: 474 2,619 8,662
2012 MEDIAN AGE: 47.6 46.2 45.4
2012 AVERAGE INCOME: $102,524 $76,711 $70,926
Investment Highlights:
 Recession Proof Retailer
 Dollar General presents an outstanding long-term
investment opportunity to acquire a free-standing
investment property located in a well populated
and highly trafficked rural market.
 The lease is absolute triple net with a primary
lease term of 15 years. Rent is scheduled to
commence October 2013.
 Favorable blended term yield of 6.8%.
 This is an all masonry and steel construction with a
20 year guaranteed standing seam metal roof.
 Ideally located in a densely populated county in
Western Pennsylvania.
 Exceptional demographics favorable for this type
of store with an estimated 2012 average
household income of nearly $70,926 and an
estimated 2012 population of over 21,997
residents living within a five-mile radius of the
property.
 The site boasts 33 parking stalls surrounded by
lush landscaping and full handicapped access.
 Company wide same store sales increase
projected (2012) of 8.1%
Purchase Price: $1,406,000
CAP Rate: 6.75%
Annual Income-Years 1-10: $94,909
Annual Income-Years 11-15: $97,752
Annual Reserve: $0
Blended Annual Cash Flow: $95,857
Blended Term Yield: 6.8%
SINGLE TENANT
NET LEASE OPPORTUNITY
SIZE BUILDING: 9,100 SQUARE FEET
LOT: 1.5 ACRES Absolute NNN
379 Route 8 (Pittsburgh Rd.)
Nixon, PA 16002
Not Actual Photo
PennTex Ventures, LLC
333 Harvey Avenue, Suite 2
Greensburg, PA 1561
Phone: 724.420.5367
Fax: 724.420.5369
Email:
Timothy.Weinman@penntexventures.com
Timothy H. Weinman
President
Area Information:
Nixon is located in Southern Butler County, about 23 miles North of Pittsburgh. Nixon is surrounded by several traffic
generators which pull the public to the area. The SUCCOP Conservatory is a cultural and environmental center which
offers a setting for business meetings, classes and weddings. The Butler County Airport located very close by serves
the northern suburbs of the Pittsburgh metropolitan area and averages 171 aircraft operations per day. Nixon is located
within the public South Butler County School District. South Butler County School District is enrolled with nearly 2,850
students while employing 280 teachers and staff. The Penn Christian Academy, located less than a mile away from the
site enrolls 288 Pre-K through 6th grade students. It also employs 46 teachers and staff. There are various colleges
and universities in the surrounding area including Slippery Rock University of Pennsylvania and Butler County
Community College enrolled with over 7,800 and over 3,000 full-time students respectively. Along with the schools and
universities there are many manufacturers including Stavac Vacuum and Instrumentation Specialists and United Mining
Equipment, Inc. providing jobs to thousands of potential shoppers.
Tenant Information:
Dollar General Company (NYSE: DG) based in Goodlettsville, TN is the nation’s largest small box discount retailer store.
The company operates over 10,600 stores in 40 states, employing 90,000 people. They choose to locate their stores in
small shopping plazas or in stand alone stores. Dollar General’s mission is to serve others and they believe the best way
to serve is by embracing substance and simplicity. Dollar General aims to make shopping for everyday needs simpler
and hassle-free by offering a focused assortment of the most popular national and private brands in general
merchandise, cosmetics, toiletries, beverages and groceries at low everyday prices in small and convenient locations.
Such brands include Procter & Gamble, Kellogg's, General Mills and Nabisco.
Dollar General is investment grade rated BBB- by Standard and Poor’s and generated over $16 billion in annual sales in
2012. A Fortune 500 company, (#175) Dollar General produced a projected net income of over 900 million in the 2012
fiscal year. Also in 2012, it is estimated that the company’s sales and net income grew by 8.1% and 15.9% respectively.
Disclaimer:
The information contained herein has either been given to us by the owner of the property or obtained from sources that we deem reliable. We have no reason to doubt its
accuracy but do not guarantee it. The buyer must perform and rely on its own due diligence review.
SINGLE TENANT
NET LEASE OPPORTUNITY
SIZE BUILDING: 9,100 SQUARE FEET
LOT: 1.5 ACRES Absolute NNN
379 Route 8 (Pittsburgh Rd.)
Nixon, PA 16002
Penn Christian Academy
Butler County Airport
SUCCOP
Conservatory
PROPOSED SITE
40.783344 LAT
-79.929600 LON

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Attachment (9)

  • 1. Lease Information: The primary lease term is guaranteed for 15 years with a rare 3% rent increase in year 11. Tenant has 2-Five year options with 10% rent bumps in each option period. Tenant is responsible for all utilities, real estate taxes, insurance, roof, interior/exterior repairs, landscaping and maintenance of the parking lot. This is an absolute NNN lease with no landlord responsibilities. PennTex Ventures, LLC 333 Harvey Avenue, Suite 2 Greensburg, PA 15601 Phone: 724.420.5367 Fax: 724.420.5369 Email: Timothy.Weinman@penntexventures.com Timothy H. Weinman President Annual Rent Monthly Per Square Foot $94,909 $7,909 $10.43Years 1-10 Years 11-15 $97,752 $8,146 $10.74 $107,527 $8,961 $11.82Option Years 16-20 $118,280 $9,857 $13.00Option Years 21-25 Property Information: This Dollar General is located in a rural, close-knit area of Butler County with almost no competition in the surrounding areas. It is ideally situated in the center of Nixon, 5 miles Southwest from Butler, PA the county seat for Butler County. The position of the site captures traffic flowing to and from the nearby population centers of Butler. The position of the site will capture the shoppers that travel up to 10 miles to shop in Butler. There are numerous businesses nearby that provide ample traffic generation including: Penn Christian Academy, and the Butler County Airport. The shopping needs of Nixon and the surrounding communities are currently underserved. This store’s unique and irreplaceable location will meet those needs for years to come. The site situates on a heavily trafficked road. Route 8, also known as Pittsburgh Road sees over 19,000 vehicles per day. Most importantly, the site has high visibility along the road with easy access in and out. The spacious parking lot will offer 33 parking spaces with a 36’ driving aisle making parking and backing out quick and convenient for shoppers. DEMOGRAPHICS: 1 MILE: 3 MILES: 5 MILES: 2012 POPULATION: 1,292 6,534 21,997 2012 HOUSEHOLDS: 474 2,619 8,662 2012 MEDIAN AGE: 47.6 46.2 45.4 2012 AVERAGE INCOME: $102,524 $76,711 $70,926 Investment Highlights:  Recession Proof Retailer  Dollar General presents an outstanding long-term investment opportunity to acquire a free-standing investment property located in a well populated and highly trafficked rural market.  The lease is absolute triple net with a primary lease term of 15 years. Rent is scheduled to commence October 2013.  Favorable blended term yield of 6.8%.  This is an all masonry and steel construction with a 20 year guaranteed standing seam metal roof.  Ideally located in a densely populated county in Western Pennsylvania.  Exceptional demographics favorable for this type of store with an estimated 2012 average household income of nearly $70,926 and an estimated 2012 population of over 21,997 residents living within a five-mile radius of the property.  The site boasts 33 parking stalls surrounded by lush landscaping and full handicapped access.  Company wide same store sales increase projected (2012) of 8.1% Purchase Price: $1,406,000 CAP Rate: 6.75% Annual Income-Years 1-10: $94,909 Annual Income-Years 11-15: $97,752 Annual Reserve: $0 Blended Annual Cash Flow: $95,857 Blended Term Yield: 6.8% SINGLE TENANT NET LEASE OPPORTUNITY SIZE BUILDING: 9,100 SQUARE FEET LOT: 1.5 ACRES Absolute NNN 379 Route 8 (Pittsburgh Rd.) Nixon, PA 16002 Not Actual Photo
  • 2. PennTex Ventures, LLC 333 Harvey Avenue, Suite 2 Greensburg, PA 1561 Phone: 724.420.5367 Fax: 724.420.5369 Email: Timothy.Weinman@penntexventures.com Timothy H. Weinman President Area Information: Nixon is located in Southern Butler County, about 23 miles North of Pittsburgh. Nixon is surrounded by several traffic generators which pull the public to the area. The SUCCOP Conservatory is a cultural and environmental center which offers a setting for business meetings, classes and weddings. The Butler County Airport located very close by serves the northern suburbs of the Pittsburgh metropolitan area and averages 171 aircraft operations per day. Nixon is located within the public South Butler County School District. South Butler County School District is enrolled with nearly 2,850 students while employing 280 teachers and staff. The Penn Christian Academy, located less than a mile away from the site enrolls 288 Pre-K through 6th grade students. It also employs 46 teachers and staff. There are various colleges and universities in the surrounding area including Slippery Rock University of Pennsylvania and Butler County Community College enrolled with over 7,800 and over 3,000 full-time students respectively. Along with the schools and universities there are many manufacturers including Stavac Vacuum and Instrumentation Specialists and United Mining Equipment, Inc. providing jobs to thousands of potential shoppers. Tenant Information: Dollar General Company (NYSE: DG) based in Goodlettsville, TN is the nation’s largest small box discount retailer store. The company operates over 10,600 stores in 40 states, employing 90,000 people. They choose to locate their stores in small shopping plazas or in stand alone stores. Dollar General’s mission is to serve others and they believe the best way to serve is by embracing substance and simplicity. Dollar General aims to make shopping for everyday needs simpler and hassle-free by offering a focused assortment of the most popular national and private brands in general merchandise, cosmetics, toiletries, beverages and groceries at low everyday prices in small and convenient locations. Such brands include Procter & Gamble, Kellogg's, General Mills and Nabisco. Dollar General is investment grade rated BBB- by Standard and Poor’s and generated over $16 billion in annual sales in 2012. A Fortune 500 company, (#175) Dollar General produced a projected net income of over 900 million in the 2012 fiscal year. Also in 2012, it is estimated that the company’s sales and net income grew by 8.1% and 15.9% respectively. Disclaimer: The information contained herein has either been given to us by the owner of the property or obtained from sources that we deem reliable. We have no reason to doubt its accuracy but do not guarantee it. The buyer must perform and rely on its own due diligence review. SINGLE TENANT NET LEASE OPPORTUNITY SIZE BUILDING: 9,100 SQUARE FEET LOT: 1.5 ACRES Absolute NNN 379 Route 8 (Pittsburgh Rd.) Nixon, PA 16002 Penn Christian Academy Butler County Airport SUCCOP Conservatory PROPOSED SITE 40.783344 LAT -79.929600 LON