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North Creek, NY

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3254 NYSR 28

North Creek NY, 12853

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Price:                        $ 1,884,624

NOI:                          $    117,789

Cap Rate:                         6.25%

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Tenant:                 Dollar General

Building:               9,100 sf

Land:                    1.69 acres

Open:                   Dec 2022

Brochure

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  • amazon resistant

  • Corporate guarantee

  • full 15 year lease remaining

  • Three 5-year options

  • 10% incraese option periods

  • New Construction

CLASS A Construction

 

Rare Best-in-Class Design & Construction: This fully wood-framed and gable-roofed Dollar General in North Creek, NY has one of the strongest demographic locations in Upstate New York. COMPARE this Best-in-Class Design & Construction featuring Gable Roof, Open Vaulted Ceiling, Wood Framing, Hardy Plank Siding, and Clear Span Interior (no interior columns) WITH ALL OTHERS (prefabricated metal buildings, flat roofs, lower ceilings, and interior metal columns).


Durability * Longevity * Functionality * Appeal * Flexibility

CORPORATE PROFILE


Dollar General Corporation has been delivering value to shoppers for 80 years. Dollar General helps shoppers Save time. Save money. Every day!® by offering products that are frequently used and replenished, such as food, snacks, health and beauty aids, cleaning supplies, basic apparel, housewares and seasonal items at everyday low prices in convenient neighborhood locations. Dollar General operated 16,000 stores in 44 states as of September 28, 2019. In addition to high-quality private brands, Dollar General sells products from America's most-trusted manufacturers such as Clorox, Energizer, Procter & Gamble, Hanes, Coca-Cola, Mars, Unilever, Nestle, Kimberly-Clark, Kellogg's, General Mills, and PepsiCo. Learn more about Dollar General at www.dollargeneral.com.

Dollar General For Sale, Dollar Store

LEASE TERMS

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Years Remaining: 

Type: 

Year Built: 

Square Feet:

Acreage: 

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15

NNN

2021

9,100

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YEARS

(Options *)

1 - 15

16 - 20 *

21 - 25 *

26 - 30 *

ANNUAL RENT

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$ 117,789

$ 129,568

$ 142,525

$ 156,777

RENT / SF

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$ 14.24

$ 15.66

$ 17.23

$ 18.95

START DATE

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12/01/2022

12/01/2027

12/01/2032

12/01/2037

RENT INCREASE

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NA

10%

10%

10%

2019 Demographics

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                                                 MILE RADIUS                               DRIVE TIME        
                                       5                  7                 9                  15                 20    

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POPULATION                1,135           2,202          3,633             1,017          3,489 
HOUSEHOLDS                 474             927           1,544               427           1,479
MEDIAN INCOME      $41,734       $42,852       $43,186        $42,553       $43,925
MEDIAN AGE                42.15           42.34          42.36             44.89          45.55

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AVERAGE DAILY TRAFFIC COUNT

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New York State Route 28                        2,970

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Property Map

We make no representations or warranties regarding the properties described. The information contained herein is not guaranteed and is subject to errors, omissions, changes in terms and conditions, prior sale, lease and withdrawal without notice.

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