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.