1414 NY 5 W Genesee St | Chittenango, NY 13037
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- LoopNet Team
1414 NY 5 W Genesee St
Chittenango, NY 13037
Retail Property For Sale
Investment Highlights
- 15-year absolute NNN lease to major retail tenant
- Fixed rent in the initial term with 10% rental increases every five (5) years in option periods
- Ideal investment opportunity for a passive or out-of-area investor
- Guaranteed by Dollar General Corporation (NYSE: “DG”; over $37B in 2023 revenue)
- No landlord management, with the tenant responsible for taxes, insurance, and all maintenance, including roof, structure, and parking lot
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
10,640 SF
Building Class
B
LoopNet Rating
4 Star
Year Built
2023
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
2.08 AC
Parking
56 Spaces (5.26 Spaces per 1,000 SF Leased)
Frontage
370 FT on New York 5
PROPERTY TAXES
| Parcel Number | 254889 48.-1-28.111 | Improvements Assessment | $10,700 |
| Land Assessment | $111,800 | Total Assessment | $122,500 |
PROPERTY TAXES
Parcel Number
254889 48.-1-28.111
Land Assessment
$111,800
Improvements Assessment
$10,700
Total Assessment
$122,500
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