Dollar General | Absolute NNN Leased Offering
$2,258,000
3059 State Route 22, Dover Plains, NY 12522
For Sale
Retail
Free Standing
Active
Last Updated: 12/03/2021
5.4
Cap Rate
121,932
NOI
Details:
Cap Rate: 5.4%
NOI: $121,932
Building Size: 9,205 sqft
Lease Type: Absolute Net
Year Built: 2017
Highlights:
- 11.5 Years Remaining Absolute NNN Lease to Investment Grade Tenant
- Corporate Guarantee with BBB Credit Rating
- Frontage on State Route 22
- Average Household Income $78,884 within 5 Miles
- Upgraded Construction
Description:
This is a unique opportunity to purchase an absolute NNN Dollar General with 11.5 years remaining on the base term. The property is in outstanding physical condition and presents excellent visibility along State Route 22.
Documents:
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Offering Memorandum
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