Marcus & Millichap and RI Marketplace are pleased to present a vacant, free-standing retail building located at 5751 Telephone Road Extension in Cincinnatus, New York (the “Property”). Formerly occupied by Family Dollar, the Property is being offered significantly below replacement cost, providing an excellent opportunity for owner/users or investors to acquire a highly visible and strategically positioned asset at a significant discount. FIRST BID MEETS RESERVE! Built in 2013, the Property consists of a one-story, free-standing retail building containing ±8,018 gross square feet, with 27 parking spaces and 2 ADA spaces (1 Space/276 SF), on a ±1.508-acre parcel. The site is easily accessible via one ingress/egress curb cut located along the north side of Telephone Road Extension and offers a pylon sign and 110’ of frontage along a major arterial road near the intersection with State Highway 26. The Property was formerly occupied by Family Dollar on a NNN-lease and offers potential owner users/investors the ability to acquire a free-standing building with significant value add through lease up at long term market rates (CoStar estimated rents of $11-14/NNN Retail). Zoned RH-Hamlet, within the Town of Cincinnatus, this zoning offers favorable flexible zoning allowing for a variety of uses. This prime location offers excellent visibility and accessibility, making it ideal for retail or commercial reuse. The Property is located in the Town of Cincinnatus, within Cortland County, New York. Positioned in a rural yet accessible corridor, it is surrounded by key demand drivers, including local schools such as Cincinnatus Junior-Senior High School with early 500 students located behind the Property; healthcare facilities such as Cincinnatus Health Center - Family Health Network of Central New York, Inc located adjacent to the Property; and retail establishments that serve the local community. This former Family Dollar is conveniently located on the north side of Telephone Road Extension, within the Cortland County submarket. Situated approximately ±25 miles from the City of Cortland and ±45 miles from the City of Syracuse, the Property provides access to larger urban markets while maintaining its rural charm. Additionally, the Property benefits from proximity to neighboring communities like Norwich and Whitney Point, both located within a 20-minute drive, and its location near Interstate 81 (±18-minutes west) ensures seamless connectivity to Syracuse, Binghamton, and other key regional hubs. The Property is located in an area that serves ±2k people within a 5-mile area and ±8,100 individuals with an AHHI of ±$85,354 within an expanded 10-mile area.