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Dollar General I 2024 Build I 65K Population 9658 Holman City Rd

12,480 SF Retail Building Paris, NY 13456 $2,450,345 ($196/SF) 6.65% Cap Rate

Retail Buildings New York Paris 9658 Holman City Rd, Paris, NY 13456

Investment Highlights

  • Brand New 2024 Construction
  • 8 Miles from Utica Zoo (100K visitors), Utica University (3,861 Students) & Adjacent to Sauquoit Golf Club
  • Corner Location - Combined 8.129 VPD & 64,800 Five Mile Population
  • Long Term 15 Years Absolute NNN Lease With Corporate Guarantee - 5% Rental Increases Every 5 Years Starting in Year 6
  • 12,480 “DG Market” - Largest Dollar General Store Size to Account for High Projected Sales
  • High one mile household income - $95,100

Executive Summary

The ESS Group is pleased to exclusively market for sale a single tenant net leased NNN Dollar General investment in Sauquoit, New York. 15 years lease with rent commencement in October 2024. DG Market featuring Dollar General’s largest store size. 5% rental increases every 5 years, including in years 6 and 11 of the base term.
CONTACT US TO INQUIRE ABOUT OUR OFF MARKET INVESTMENTS & ATTRACTIVE LOAN OPTIONS

Attachments

OM - Dollar General - Sauquoit, NY

Property Facts

Sale Type
Investment NNN
Sale Conditions
1031 Exchange
Property Type
Retail
Property Subtype
Freestanding
Building Size
12,480 SF
Year Built
2024
Price
$2,450,345
Price Per SF
$196
Cap Rate
6.65%
NOI
$162,948
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
2.88 AC

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease Type
  • Lease End
  • Dollar General
  • Retailer
  • 12,480 SF
  • $200.87
  • Triple Net
  • Oct 2039
Tenant Industry SF OCCUPIED RENT/SF Lease Type Lease End
Dollar General Retailer 12,480 SF $200.87 Triple Net Oct 2039
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(310) 678-4608

Contact

  • Listing ID: 32785171

  • Date on Market: 8/13/2024

  • Last Updated:

  • Address: 9658 Holman City Rd, Paris, NY 13456

More public record information on 9658 Holman City Rd, Paris, NY 13456

The Retail Property at 9658 Holman City Rd, Paris, NY 13456 is currently available for sale. Contact The ESS Group, Inc. for more information.

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Dollar General I 2024 Build I 65K Population | 9658 Holman City Rd
(310) 678-4608 x

Dollar General I 2024 Build I 65K Population | 9658 Holman City Rd

Eli Shans

(310) 678-4608

(310) 678-4608

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