This well-maintained 15,103 square foot commercial building presents a lucrative investment opportunity with a long-term lease to a nationally recognized tenant, Dollar General. Located on a sprawling 5-acre lot, the property features a newly paved parking lot and upgraded lighting, ensuring a welcoming and safe environment for customers and tenants… Read More alike.Dollar General has been the anchor tenant since 2006, occupying 81% of the building. The remaining 19% is leased as storage space to another tenant, providing additional, stable rental income.The lease is structured as a Triple Net (NNN) lease, wherein the tenant is responsible for property taxes, insurance, and maintenance, minimizing landlord responsibilities and expenses. The property is offered at an attractive 8% capitalization rate, delivering strong returns on investment. Centrally located, the property benefits from excellent visibility and accessibility, boosting foot traffic and sales. Read Less
Courtesy of Amy Farchione-Sgromo (315-863-2777), Julie & Co Realty LLC.
Listing Snapshot
Days Online
1
Last Updated
Property Type
Retail
Square Ft.
15,103
Lot Size
5 Acres
Year Built
1980
MLS Number
202612137
30 Days Snapshot Of 12816
$750k
+167%
(avg) sold price
1
0%
home sold
178
+87%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Building Area Total: 15,103, Construction Materials: "Block", Living Area: 15,103, Year Built: 1980
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