3-Unit Dollar Store Portfolio – Philadelphia, PA

1315 E Washington Ln, Philadelphia, PA 19138, USA

Sands Investment Group is pleased to exclusively offer for sale a 3-property retail portfolio located across Philadelphia, Pennsylvania. The portfolio features national discount retailers, DG Market, Dollar Tree, and Dollar General, each occupying newly renovated (2025) buildings in densely populated, high-demand urban markets. Totaling 33,686 SF across 3 infill locations, the portfolio generates a combined annual rent of $400,664 and is anchored by tenants that thrive in dense metropolitan trade areas. Each asset is secured by a Double Net (NN) lease structure, offering investors durable income with limited landlord responsibilities and an average of over 9 years of lease term remaining.

  • National, Recession-Resistant Tenancy: Anchored by 3 of the strongest discount retailers, DG Market, Dollar Tree, and Dollar General. These necessity-based, e-commerce-resistant tenants consistently outperform through all economic cycles and thrive in dense, urban trade areas.
  • Fresh Long-Term Leases: All 3 assets feature recently executed, long-term leases with a weighted average lease term of over 9 years remaining, delivering durable, predictable income across the entire portfolio.
  • Newly Renovated Buildings (2025): Each property underwent 2025 renovations with capital improvements spanning roofs, parking lots, HVAC, electrical, and exterior work, minimizing near-term capital expenditures
  • Built-In Rent Growth: Rent increases across the portfolio, 10% bumps at option for DG Market and Dollar General, and ~5% increases for Dollar Tree, provide a hedge against inflation and steady NOI growth, backed by multiple renewal options
  • Exceptionally Dense, Infill Demographics: Combined population exceeding 950,000 residents within a 3-mile radius across the sites, paired with strong daily traffic counts. All locations sit within established infill Northeast Philadelphia trade areas with proven consumer demand.
  • Top-Tier Metro: Positioned in the nation’s 6th-largest city, the portfolio combines essential-retail resilience, dense urban demand, and limited landlord responsibilities Double Net (NN), offering investors a stable, management-light income stream in a supply-constrained market.

 

In Cooperation With Sands Investment Group Pennsylvania, LLC – Lic. PA #RB069072 – BoR: Tom Gorman – Lic. PA #RM424383

1315 E Washington Ln, Philadelphia, PA 19138, USA

Dollar General & Market Profile

Dollar General Corporation (NYSE: DG) is one of the largest discount retailers in the United States, operating more than 21,055 stores across 48 states. Founded in 1939 and headquartered in Goodlettsville, Tennessee, the company serves millions of customers through multiple store formats, including Dollar General, DG Market, DGX, pOpshelf, and Mi Súper Dollar General. DG Market locations offer an expanded grocery selection featuring fresh produce, dairy, frozen foods, and meats, allowing customers to complete a full grocery shopping trip while maintaining Dollar General’s value-focused pricing.

Dollar Tree

Dollar Tree, Inc., headquartered in Chesapeake, VA, is one of North America’s largest and most loved value retailers, known for delivering great value, convenience, and a “thrill-of-the-hunt” discovery shopping experience. With a team of approximately 150,000 associates, Dollar Tree operates more than 9,300 stores and 19 distribution centers across 48 contiguous states and seven Canadian provinces under the brands Dollar Tree and Dollar Tree Canada. The Company is committed to being a responsible steward of its business – supporting its people, serving its communities, and creating lasting value.

Price

$6,170,422

Cap Rate

6.49%

PREMISES

33,686 SF

RENEWAL OPTIONS

Varies

Lease Type

NN

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