Dollar General 1200 Pittsburgh St 11,541 SF Retail Building Cheswick, PA 15024 $1,550,000 ($134.30/SF) 7.74% Cap Rate

The Boulder Group is pleased to exclusively market for sale a single tenant net leased Dollar General property positioned within the Pittsburgh MSA in Cheswick, Pennsylvania. Dollar General recently signed a 10-year lease at this location through May 2036. The subject lease contains three 5-year renewal options, each with 10% rental escalations. Additionally, the lease features a guaranty from Dollar General Corporation (S&P: BBB). This is a rare in?ll location bene?ting from a large population.
The 11,541 square-foot building is positioned along Pittsburgh Street (17,000 VPD) within the Cheswick Shopping Center, an established retail node. The site bene?ts from convenient access to Interstate 76 (40,000 VPD) and the Allegheny Valley Expressway (53,000 VPD), the primary commuter corridor linking the Allegheny River Valley to downtown Pittsburgh, approximately 17 miles away. The property sits within an established trade area, with more than 89,000 residents within ?ve miles and an average household income of $110,000. Nearby national retailers include Target, Giant Eagle, Goodwill, Valvoline, Sheetz, and Ford, while additional traffic generators in the area include Curtiss-Wright, Springdale High School, and PaTTAN (Pennsylvania Training and Technical Assistance Network).
Dollar General Corporation (NYSE: DG) is the largest small-box discount retailer in the United States by store count. Founded in 1939 and headquartered in Goodlettsville, Tennessee, the company operates more than 20,000 stores across 48 states, concentrated in small-town, rural, and suburban markets. Dollar General’s value-oriented model centers on everyday low prices for consumables, seasonal items, home products, and basic apparel, with most items priced under $10 and a compact store footprint that keeps occupancy and operating costs low. Notably, Dollar General owns and operates all of its stores rather than franchising, so each lease carries the full corporate credit of the parent company.