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24 Maple Ave
Allegany, NY 14706
10-Yr Lease w/ 15 Year Roof Warranty · Retail Property For Sale
PROPERTY FACTS
About 24 Maple Ave , Allegany, NY 14706
LEASE & LOCATION: - All masonry block construction – no metal sides - Tenant pays an additional $550 / month toward parking lot maintenance which does not have to be reconciled (potential for additional revenue) (snow removal is reimbursed separately at 100% of the cost) - The subject property is located just off I-86 which sees roughly 15,000 vehicles daily - ±22,000 residents within a 5-mile radius - Allegany is home to St. Bonaventure University - Local retail tenants include The Home Depot, Walmart, AMC, McDonald’s, Friendly’s, Tractor Supply, AutoZone, KFC, Applebee’s, Verizon, Tim Hortons, Kohl’s, CVS, Burger King and many more. TENANT: - Investment grade credit rating of BBB, recently upgraded from BBB- - Dollar General currently operates ±15,500 locations nationwide with plans to add another ±900 store in 2019 - Dollar General is the premier dollar store and the nation’s largest small-box discount retailer - Dollar General has a market cap of more than $30 billion
PROPERTY TAXES
| Parcel Number | 042001-093-043-0002-031-000-0000 | Improvements Assessment | $885,000 |
| Land Assessment | $15,000 | Total Assessment | $900,000 |
PROPERTY TAXES
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