INVESTMENT HIGHLIGHTS

  • 2021 Construction | Latest Store Design - Recent 2021 Construction. This store includes Dollar General's latest concept focused on refrigerated grocery items and produce, making it a convenient one-stop shopping destination for local consumers.
  • Long-Term Lease - The tenant has 13 years remaining with 4 (5-year) options to extend. The lease features 10% rental increases at the beginning of each option.
  • Zero Landlord Responsibilities - Absolute NNN lease in place with zero landlord responsibilities.
  • Corporate Guaranteed By Investment Grade Tenant (S&P: BBB)
  • Local Market Dominance - Dollar General stores thrive in rural communities where they act as the primary shopping destination for local consumers. This particular location is approximately 5 miles outside of downtown Mexico, NY and serves as the only grocery and convenience store for over 20 square miles.
  • MOTIVATED SELLER - Please reach out to agent to answer any questions or to submit your offer.

PRICE
$1,731,000
CAP RATE
6.00%
LEASE TERM
13 Years
EXCLUSIVELY MARKETED BY

Carla Carmack
Associate Advisor

M: (310) 940-0297
MI License No. 6501432150
Broker of Record: Brian Brockman, Bang Realty | NY License No. 10311208985
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