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- LoopNet Team
16 Pine St
Deposit, NY 13754
New Dollar General | Upgraded Facade · Retail Property For Sale
PROPERTY FACTS
About 16 Pine St , Deposit, NY 13754
The subject property is a brand new construction Dollar General store with upgraded façade, located in Deposit, NY just outside of Binghamton. The 7,545+/- square foot store is under construction and expected to be completed and open in November, 2018. The store is ideally located at the lighted intersection of Pine Street and Main Street. Nearby retailers include Wendy’s, NAPA Auto Parts, Family Dollar, a variety of local establishments and more. Dollar General is signed to a 15-year NNN lease that is scheduled to commence in November, 2018 upon store opening. The triple net (NNN) lease provides for Tenant to be responsible for property expenses including CAM, taxes, insurance, roof and HVAC. Five (5), Five (5) year renewal options follow the initial 15-year lease term. Rent is scheduled to increase by 10% at the beginning of each renewal period.
PROPERTY TAXES
| Parcel Number | 123001-349-017-0003-013-000 | Improvements Assessment | £31,321 |
| Land Assessment | £10,019 | Total Assessment | £41,340 |
PROPERTY TAXES
