1 NY-31
Lyons, NY 14489
Dollar General
| Offering Summary | |||
|---|---|---|---|
| Price | $1,825,183 | Cap Rate | 6.00% |
| NOI | $109,511.00 | Rentable SF | 10,640 SF |
| Lot Size | 1.39 +/- Acres | Year Built | 2023 |
| Lease Type | Absolute NNN | Lease Term | 15 Years |
Investment Highlights
- Brand New 2023 Construction
- New 15-Year Absolute NNN Lease w/ 10% Rent Increases Every
5-Years in the (4) 5-Year Option Periods - Dollar General (NYSE: DG) Corporate Guarantee (Investment
Grade Credit – S&P Rated BBB) - Upgraded Construction: Rare Upgraded Brick Veneer Building
- Great Visibility & Access right off NY-31 (The Major East/West
Thoroughfare Connecting Lyons with Rochester & Syracuse) - Part of the Rochester MSA which has a population of 1,090,135
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For More Information, Please Contact:
John R Wertz
Managing Principal
(619) 218-6427
jwertz@wertzrealestate.com