Dollar General Store Investment
110 E State St Herkimer, NY 13350
110 E State St, Herkimer, NY, 13350
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For Sale
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Profitable Dollar General store with additional land in Herkimer.
Property Size13,798 SF
Price / SF$130.45
Days on Market452
Property Features for 110 E State St
General Information
- Standard status
- Active
- Size
- 13,798 SF
- Property subtype
- Retail
Building Details
- Year Built
- 2002
Listing Agency
Marcus & Millichap - Manhattan
Listed by
Michael A Cardone · License #NY 10401311477
Source
Crexi
Added: Apr 22, 2025 Checked: Jul 16 at 5:20 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Manhattan
Investment Insights
Based on property information with market context.
This property features a Dollar General store with an additional building and land. The property generates a net operating income of $59,884. Located on a high-traffic section of State Street, the site benefits from daily traffic of over 23,000 vehicles. Dollar General serves as the anchor tenant, providing passive income and a corporate guarantee. The lease has 3 years remaining on the base term and includes rent increases. The property is located in the heart of Herkimer Village, within a retail corridor near national brands such as Lowe’s and McDonald’s. The location is 15 miles southeast of Utica, NY.
Key Highlights
- Net Operating Income: Generates $59,884 annually.
- Anchor Tenant: Leased to Dollar General, providing passive income.
- High‑Traffic Location: Situated on State Street with excellent visibility and over 23,000 vehicles passing daily.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Dollar General
Discount Store
Western Union
Bank
Similar For Sale Nearby
Similar Off Market Nearby
- Hannaford — 401 E Albany St, Herkimer, NY 13350
FAQs
What type of property is this?
Grocery and convenience store - Profitable Dollar General store with additional land in Herkimer.
Where is this grocery and convenience store located?
The property is located at 110 E State St Herkimer, NY.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: Net Operating Income: Generates $59,884 annually.; Anchor Tenant: Leased to Dollar General, providing passive income.; High‑Traffic Location: Situated on State Street with excellent visibility and over 23,000 vehicles passing daily.
