290 Broadway - Freestanding FOR SALE


Fort Edward, NY 12828
$1,542,944 USD
954-703-3602
290 Broadway, Fort Edward, NY for Sale
$1,542,944 USD
Freestanding - FOR SALE
1/7
null | 7.2% Cap Rate

290 Broadway
Fort Edward, NY 12828


HIGHLIGHTS

  • Over 10 Years Remaining | Options to Extend | Established Brand | Placer AI
  • Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
  • Located Along Broadway (13,700 VPD) | Nearby Tenant Presence | Fort Edward Jr. High School | Excellent Visibility
  • Strong Demographics in 5-mile Trade Area

OVERVIEW

• The tenant currently has over 10 years remaining with 4 (5-year) options to extend, demonstrating their commitment to the site • The lease features 10% rental increases at the beginning of each option period, growing NOI and hedging against inflation • As of May 3, 2024, the Company’s 20,149 Dollar General, DG Market, DGX and pOpshelf stores across the United States • The site is ranked in the 82nd percentile of all Dollar Generals in the United States

FOR SALE DETAILS

PRICE

$1,542,944 USD

PRICE/SF

$170 USD /SF

CAP RATE

7.2%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General | 10+yrs Remain Corp Abs NNN

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2019

SPRINKLERS

-

PARKING SPACES

40

LAND DETAILS

LAND ACRES

1.69 AC

LAND SF

73,616 SF

ZONING

05

APN/PARCEL ID

533089-163-014-0001-033-000-0000

ASK ABOUT THIS PROPERTY

Jaime SalazarSRS Real Estate PartnersMore Info
954-703-3602

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Jaime SalazarSRS Real Estate PartnersMore Info
954-703-3602

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.