Goodwill has been running a complex social enterprise for 50 years. It is a network of 162 community-based organizations that all serve the communities in which they operate. Each local Goodwill is a place to donate used goods and find affordable used goods. These stores then transform the transactions into verifiable social impact for the local community, specific to their local design. For example , Goodwill of Southwestern PA is a human service agency and network of not-for-profit businesses whose mission is to help people overcome barriers to employment and enjoy the dignity and benefits of work and improved quality of life. An average of 90% of all revenue raised by Goodwill of Southwestern PA supports their job-training and employment programs. The organization serves 17 counties throughout southwestern Pennsylvania and north central West Virginia; and plans to continue to innovate, grow, and share their brand and mission to all.
Holliday Fenoglio Fowler, L.P. (“HFF”) Net Lease Advisory is pleased to exclusively offer a premier net lease opportunity to acquire a fee simple interest in a rare, single tenant, absolute NNN Goodwill Retail Building (the “Property”) in Butler, PA. The Property is fully leased to Goodwill of Southwestern PA – one of the largest Goodwill organizations in the country, which achieves annual revenues of nearly $50 million and employs more than 1,200 people. The tenant has 13 years of remaining term with attractive, annual rental increases of nearly 2%. The Property is located on a corner parcel at a fully signalized intersection in the heart of the main retail corridor of Butler. Additionally, it is surrounded by national retailers such as Walmart, Target, The Home Depot, Lowe’s, Sam’s Club, ALDI, and Starbucks, further increasing consumer traffic in and around the site.