Dollar General Market | 8125 NY-12
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Dollar General Market 8125 NY-12
12,480 SF Retail Building Barneveld, NY 13304 £2,149,644 (£172/SF) 6.70% Net Initial Yield
Investment Highlights
- Brand New 15-Year Dollar General Market Lease With Rent Set to Commence September 2024
- Attractive 5% Rental Increase Every 5 Years That Occurs Throughout Primary Term and Options
- Affluent Community Having an Average Household Income of $103,000+ Within 5 Mile Radius
- Absolute NNN Lease With Zero Landlord Responsibilities
- Healthy 5 Mile Demographic for a Dollar Store With 5,500+ Residents
- Limited Retail Competition - Primary Source of Retail Goods in the Area
Executive Summary
Cooperating Broker: Brian Brockman?
Bang Realty-New York Inc | NY#10311208985?
bor@bangrealty.com | (513) 898-1551
Bang Realty-New York Inc | NY#10311208985?
bor@bangrealty.com | (513) 898-1551
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
12,480 SF
Building Class
C
Year Built
2024
Price
£2,149,644
Price Per SF
£172
Net Initial Yield
6.70%
NOI
£144,026
Tenancy
Single
Number of Floors
1
Building FAR
0.14
Land Acres
1.99 AC
Frontage
200 ft on New York 12
PROPERTY TAXES
Parcel Number | 305889 211.002-1-12 | Improvements Assessment | £128,643 |
Land Assessment | £24,317 | Total Assessment | £152,960 |
PROPERTY TAXES
Parcel Number
305889 211.002-1-12
Land Assessment
£24,317
Improvements Assessment
£128,643
Total Assessment
£152,960
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Dollar General Market | 8125 NY-12
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