Building Details

Buildings 1

Tenancy Single

Listing Agency: Fortis Net Lease b***@fortisnetlease.com Show Phone

Listed By: Bryan Bender · License #MI 6501319610

Source: Crexi

Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 6:43PM

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Investment Insights

Based on property information with market context.

This single-tenant NNN property contains a 9,100-square-foot Dollar General store in Candor, New York. The building is subject to an absolute NNN lease with a 15-year initial term, placing operating and property responsibilities with the tenant. Four additional five-year renewal options are included, with 10% rent increases during each option period.

Dollar General Corporation provides the lease guarantee and carries a BBB credit rating identified as investment grade. The property fronts Owego Road, a principal thoroughfare through Candor, and serves a population exceeding 10,000 within five miles. The offering reflects a 6.45% cap rate and may accommodate a 1031 exchange or passive ownership strategy.

Key Highlights

• 9,100 SF Dollar General store in Candor, NY
• Absolute NNN lease with a 15‑year initial term
• Four 5‑year renewal options with 10% rent increases

Property Analytics

Property Profile

Current Use

Dollar General Discount Store FedEx OnSite Postal Service

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Storage Facility (Bike/Boat/Book/etc) Store Clothing & Fashion Store Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%

Occupancy

Single-tenant

Tenancy

Location Intelligence

Trade Area within ½ mile

29

Businesses Nearby

6k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 100%

Dollar General Shops & Services

5,564 visits/mo 0.2 miles

Demographics for 13743, NY

3,705

Population

1,474

Households

2.5

Avg Household Size

43

Median Age

18%

College-Educated

94%

High-School Grad

60.3 sq mi

ZIP Area

61

Density / Sq Mi

$56,919

Median Household Income

$43,551

Median Earnings

$879

Median Rent

$159,100

Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019

7.1% 2020

6.5% 2021

6% 2022

5.7% 2023

5.6% 2024

6% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

NNN property - Newer single-tenant retail investment with corporate lease backing and scheduled renewal options.

Where is this nnn property located?

The property is located at 1140 Owego Rd Candor, NY.

What are key features of this property?

This property features: 9,100 SF Dollar General store in Candor, NY; Absolute NNN lease with a 15‑year initial term; Four 5‑year renewal options with 10% rent increases