Dollar General Market | 8125 NY-12
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Dollar General Market 8125 NY-12
12,480 SF Retail Building Barneveld, NY 13304 $3,884,520 CAD ($311 CAD/SF) 6.70% Cap Rate
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
$3,884,520 CAD
Price Per SF
$311 CAD
Cap Rate
6.70%
NOI
$260,263 CAD
Tenancy
Single
Building Height
1 Story
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 | $232,465 CAD |
Land Assessment | $43,942 CAD | Total Assessment | $276,407 CAD |
PROPERTY TAXES
Parcel Number
305889 211.002-1-12
Land Assessment
$43,942 CAD
Improvements Assessment
$232,465 CAD
Total Assessment
$276,407 CAD
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Dollar General Market | 8125 NY-12
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