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Dollar General | 10+yrs Remain Corp Abs NNN 290 Broadway
9,100 SF Retail Building Fort Edward, NY 12828 $1,542,944 ($170/SF) 7.20% Cap Rate
Investment Highlights
- Over 10 Years Remaining | Options to Extend | Established Brand | Placer AI
- Located Along Broadway (13,700 VPD) | Nearby Tenant Presence | Fort Edward Jr. High School | Excellent Visibility
- Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
- Strong Demographics in 5-mile Trade Area
Executive Summary
• The lease features 10% rental increases at the beginning of each option period, growing NOI and hedging against inflation
• As of May 3, 2024, the Company’s 20,149 Dollar General, DG Market, DGX and pOpshelf stores across the United States
• The site is ranked in the 82nd percentile of all Dollar Generals in the United States
Property Facts
Amenities
- Pylon Sign
- Signage
MAJOR TENANTS Click Here to Access
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease Type
- Lease End
-
- Retailer
-
99,999 SF
-
$9.99
-
Lorem Ipsum
-
Jan 0000
At Dollar General, their actions are guided by a simple mission: Serving Others. For their customers, this means placing them at the center of all they do, working every day to deliver value and convenience through their neighborhood general stores. For their employees, this means respect and the opportunity to grow and develop their careers, and for their communities, this means helping support the communities they call home. They strive to make shopping hassle-free and affordable with easy-to-shop stores. Their stores deliver everyday low prices on items including food, snacks, health and beauty aids, cleaning supplies, basic apparel, housewares, seasonal items, paper products and much more from America’s most-trusted brands and products, along with high-quality private brands.
| Tenant | Industry | SF OCCUPIED | RENT/SF | Lease Type | Lease End | |
|
|
Retailer | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 |
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 533089-163-014-0001-033-000-0000 | Improvements Assessment | $1,564,900 |
| Land Assessment | $35,100 | Total Assessment | $1,600,000 |
PROPERTY TAXES
Presented by
Dollar General | 10+yrs Remain Corp Abs NNN | 290 Broadway
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