CBRE is pleased to exclusively present for sale this long-standing Dollar General in Liberty, NY, located in the scenic Catskill Mountains. This store has operated successfully since 2003, underscoring Dollar General’s strong performance and long-term commitment to the site. The current lease runs through September 2027, with one remaining 5-year renewal option that includes a 5.26% rental increase.
The property is leased to Dolgencorp of New York, Inc., a wholly owned subsidiary of Dollar General Corporation—an investment-grade tenant (S&P: BBB) with over 20,000 locations nationwide and 2024 revenue of $40.61 billion. The NNN lease makes the tenant 100% responsible for taxes, insurance, and maintenance expenses, while the landlord is only responsible for the roof and structure—offering passive, reliable income backed by a strong corporate guaranty.
This Dollar General sits in a prime submarket for the brand, serving a community of fewer than 10,000 residents—Dollar General’s top-performing market segment, where nearly 70% of their stores are located. With no other Dollar General within a 7+ mile radius, this location acts as a mission-critical provider of grocery, household, and daily essentials to the surrounding community.
The store ranks in the 94th percentile nationwide for foot traffic among all Dollar General stores, with 213,000+ annual visits according to Placer.ai—significantly outperforming national averages and enhancing the likelihood of long-term tenancy.
This offering is priced under $1 million, making it an accessible and compelling investment opportunity for first-time NNN buyers, all-cash investors, or 1031 exchange buyers seeking low-management, essential retail backed by a creditworthy corporate tenant.