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DG Market 5076 NY-365

12,480 SF Retail Building Verona, NY 13478 $2,428,165 ($195/SF) 6.75% Cap Rate

Investment Highlights

  • 15-Year Dollar General Market Lease With Rent Set to Commence October 2024
  • Healthy Demographics for a Dollar Store With 12,100+ Residents Within a 5-Mile Radius
  • 35 Miles Away from Syracuse, the Fifth-Most Populated City and 13th-Most Populated Municipality in the State of New York
  • Absolute NNN Lease With Zero Landlord Responsibilities
  • Limited Retail Competition - Primary Source of Retail Goods in the Area
  • Easily Accessible From State Route 365 Generating 15,700+ VPDs

Executive Summary

Cooperating Broker: Brian Brockman?
Bang Realty-New York Inc | NY#10311208985?
bor@bangrealty.com | (513) 898-1551

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
12,480 SF
Building Class
C
Year Built
2024
Price
$2,428,165
Price Per SF
$195
Cap Rate
6.75%
NOI
$163,901
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
3.58 AC
Frontage
189 FT on New York 365

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
306200 310.000-3-41
Land Assessment
$11,100
Improvements Assessment
$0
Total Assessment
$11,100
  • Listing ID: 32733669

  • Date on Market: 8/8/2024

  • Last Updated:

  • Address: 5076 NY-365, Verona, NY 13478

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