Retail Space
405 West Columbus Avenue Corry, PA 16407
Details & Description
Price: $1,703,125
    Property Highlights
     Dollar General has approx. 17,000 locations and plans to continue their expansion for the foreseeable future
     7.65 years remaining on the current term with Two, 5-Year options One, 4-Year 11-Month option
    Listing Agents
    Edward Desimone

    O: 310-919-5696
    M: 732-832-5414
    edward.desimone@matthews.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    405 West Columbus Avenue

    Corry, PA 16407

    Listing ID: 275145
    405 West Columbus Avenue Corry, PA 16407 | for Sale | Photo 1
    Building Size: 9,002 SF
    Lot Size: 2.600 AC
    Land Size: 113,256 SF
    Building $/SF: $189.19
    Land $/SF: $15.04
    Price
    $1,703,125
    Property Highlights
    Corporate guaranteed lease by Dollar General SP BBB
    7.65 years remaining on the current term with Two, 5-Year options One, 4-Year 11-Month option
    Attractive 6.45 cap rate on a stabilized investment
    9.09 rental increases in the Options
    Ideal 1031 exchange property for an investor seeking a reliable source of passive income
    Dollar General has approx. 17,000 locations and plans to continue their expansion for the foreseeable future
    Attachments & Files

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     

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    Corry Area Market Trends

    Listing Demographics for 405 West Columbus Avenue Corry, PA 16407

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population2,3627,3779,559
    Population Median Age434242
    Population by Age0-9 Yrs283 (11%)901 (12%)1125 (11%)
    10-19 Yrs176 (7%)729 (9%)1018 (10%)
    20-29 Yrs331 (14%)979 (13%)1181 (12%)
    30-39 Yrs264 (11%)912 (12%)1147 (11%)
    40-49 Yrs373 (15%)951 (12%)1205 (12%)
    50-59 Yrs217 (9%)817 (11%)1155 (12%)
    60-69 Yrs301 (12%)971 (13%)1271 (13%)
    70+ Yrs416 (17%)1117 (15%)1457 (15%)
    Median HH Income$57,530$44,367$48,620
    Total Household Income< 24K201 (20%)1060 (33%)1214 (29%)
    25-49K186 (19%)641 (20%)844 (20%)
    50-74K330 (34%)816 (25%)1014 (25%)
    75-99K149 (15%)347 (10%)485 (11%)
    100-199K95 (9%)314 (9%)449 (11%)
    200K+2 (0%)25 (0%)43 (1%)
    Highest Education LevelNo Diploma108567682
    Diploma or GED72023763131
    Some College2867841027
    Assoc. Degree148598787
    Bachelors Degree364673860
    Higher Degree76210291
    Total Housing Units1,0903,5064,457
    --Owner-Occupied6931,8932,603
    --Renter-Occupied2701,3091,446
    Owner-Occupied Values< 100K39711011374
    100-199K259629922
    200-299K31111208
    300-399K32345
    400-499K32538
    500K+0516
    Total Working Age Population1,9525,9797,771
    In Work Force1,1863,3344,413
    Not In Work Force7662,6453,359
    Workforce Employed1,1563,2464,293
    Workforce Unemployed3087117
    Civlian Workforce1,1863,3334,410
    Military Workforce012
    Total Households9633,2024,050
    Family Households6822,0932,738
    Non-Family Households2811,1101,312
    Married Couple4801,4421,989
    Other Family202651749
    Married w/Child179484656
    Single Male w/Child12850
    Single Female w/Child83318343

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    New York18,976,457+219,378,102+420,146,131+220,604,030
    Chautauqua County139,750-3134,905-6126,497-6119,116
    Pennsylvania12,281,054+312,702,379+413,230,170+413,759,594
    Erie County280,8430280,566+5294,425+4305,877
    Warren County43,863-541,815-340,605-339,459

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 405 West Columbus Avenue in Corry?
    The asking price for 405 West Columbus Avenue is $1,703,125
    What is the building size of this Retail property in Corry, PA?
    The size of the building/unit at 405 West Columbus Avenue in Corry is 9,002 square feet
    How much land does the Corry, PA property at 405 West Columbus Avenue include?
    405 West Columbus Avenue in Corry includes 2.600 acres of land
    What kind of Retail is the propery at 405 West Columbus Avenue?
    The property at 405 West Columbus Avenue Corry, PA 16407 is listed as a Free Standing Building Retail property
    What is the population within 1 mile of 405 West Columbus Avenue in Corry?
    The population within 1 mile of 405 West Columbus Avenue Corry, PA 16407 is 2,362 people.
    Who do I contact for questions about 405 West Columbus Avenue?
    You should contact the listing agent, Edward Desimone, for any details regarding this commercial listing.

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    Closest Commercial Airports

    Airport Distance (mi)
    Erie International Tom Ridge Field (ERI) 28
    Buffalo Niagara International Airport (BUF) 84
    Pittsburgh International Airport (PIT) 104