88 Volney St
Phoenix (Syracuse), NY 13135
Dollar General Market
| Offering Summary | |||
|---|---|---|---|
| Price | $2,429,338 | Cap Rate | 6.50% |
| NOI | $157,907.00 | Rentable SF | 12,480 SF |
| Lot Size | 2.05 +/- Acres | Year Built | 2025 |
| Lease Type | Absolute NNN | Lease Term | 15 Years |
Investment Highlights
- Brand New 2025 Construction
- 15-Year Absolute NNN Lease w/ 5% Rent Increases Every 5-Years in Primary Term & Options (Zero LL Responsibilities)
- Dollar General (NYSE: DG) Corporate Guarantee (Investment Grade Credit – S&P Rated BBB)
- Excellent Visibility & Access Near Residential Neighborhoods and Key Corridors Connecting to Downtown Syracuse
- Average Household Income Exceeds $100,000 (5-Mile Radius)
- Located Just 15 Miles from Downtown Syracuse – A Thriving Economic Center Anchored by Major Healthcare Networks, Leading Universities, and Expanding Logistics Infrastructure
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For More Information, Please Contact:
John R Wertz
Managing Principal
(619) 218-6427
[email protected]