Marcus & Millichap Sells Dollar General Center In Lemoyne, Pennsylvania For $3.4M
836 Market Street Lemoyne, Pennsylvania 17043, Usa
$3,415,000
$99/SF
Building Size
34,389 SF
Asset Type
Retail
Closing
Aug 22, 2023
AI
The retail property located at 836 Market Street in Lemoyne, Pennsylvania has been sold for $3,415,000. The Class A strip center, known as the Dollar General Center, spans across an area of 34,389 square feet and has a price per square foot of $99. The transaction was facilitated by brokers Craig Dunkle and Mher Vartanian from Marcus & Millichap.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $3,415,000
- Square Footage: 34,389
- Price Per Square Foot: $99
- Address: 836 Market Street, Lemoyne, Pennsylvania
- Market: Lemoyne, Pennsylvania
- Brokers: Craig Dunkle & Mher Vartanian - Marcus & Millichap
Marcus & Millichap announced the successful sale of the Dollar General Center in Lemoyne, PA. The property was marketed by brokers Craig Dunkle and Mher Vartanian and was purchased by a limited liability company. The transaction represents a significant commercial real estate deal in the retail sector.
Players
Havre De Grace Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.65%
Cash-on-Cash
-1.33%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93