Family Dollar
$816,000
518 State Route 13, Williamstown, NY 13493
For Sale
Retail
Street Retail
Active
Last Updated: 06/29/2026
9
Cap Rate
73,440
NOI
Details:
Cap Rate: 9%
NOI: $73,440
Building Size: 9,180 sqft
Lot Area: 1.96 acres
Year Built: 2020
Highlights:
- Located Near Major Local Employer: The subject property is located near International Wire Group, one of Williamstown's key local employers and economic drivers. It nearby presence helps support daytime traffic, local employment, and consumer spending with the immediate area
- Double-Net (NN) Lease Structure – Tenant responsible for all expenses except roof and structure
- Zero Competition: No Dollar Store Competition within an 8-mile radius
- Modern Construction: Subject property was built in 2020
- Strong Guarantee: Corporate Guarantee from Family Dollar Stores, Inc.
- Built-In Rent Growth – 5% increases every 5 years during option periods
- Strategic Regional Location: Positioned within 50 miles South of Syracuse
- Strong Surrounding Demographics – Average household income exceeds $67,000 within a 1-mile radius
Location
Gallery