3266 NY 29A - Storefront FOR SALE
Caroga Lake, NY 12032 |
$1,807,588 USD
561-602-8390
3266 NY 29A
Caroga Lake, NY 12032
HIGHLIGHTS
- Dollar General Corporation is rated "BBB" by S&P and has a proven track record of success
- The absence of significant competition in the grocery market ensures stable sales for Dollar General
- Absolute NNN 15-Year lease provides stable income for a long period
- 10% rental increases in each of the four 5-year options
- Corporate guaranteed lease - no landlord responsibilities
OVERVIEW
The Twist Capital Team of Colliers is pleased to offer for sale to qualified investors the opportunity to acquire this Dollar General located in Caroga Lake, NY.
This Dollar General is new construction located at the junction of NY State Route 29A and NY State Route 10 in the southern part of the Adirondack Mountains and to the northeast of Albany, the state capital.
FOR SALE DETAILS
PRICE
$1,807,588 USD
PRICE/SF
$195 USD /SF
CAP RATE
6.15%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
6.15 Cap | Absolute NNN 12 Yr Dollar General
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Storefront
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2020
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
2.15 AC
LAND SF
93,654 SF
ZONING
-
APN/PARCEL ID
172400 83.-1-1.2
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561-602-8390
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561-602-8390
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