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    8125 State Route 12 Barneveld, NY 13304

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    For Sale
    $2,740,460

    New 15-year Dollar General Market lease in Barneveld, NY.

    Property size:
    12,480 SF
    Lot size:
    1.99 Acres

    Property Features for 8125 State Route 12

    General Information

    Size
    12,480 SF
    Lot size
    1.99 Acres

    Source: Trinity Real Estate Investment Services - Corporate Agent Cody Crist

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    New Dollar General Market Lease

    This property features a brand new 15-year Dollar General Market lease, set to commence in September 2024. The lease is absolute NNN, meaning zero landlord responsibilities. It includes an attractive 5% rental increase every 5 years throughout the primary term and options. The property is located within a healthy 5-mile demographic for a dollar store, with over 5,500 residents and an affluent community having an average household income of $103,000+ within a 5-mile radius. There is limited retail competition, making it a primary source of retail goods in the area. The location is 8 miles away from Hickory Hollow Airport. The lease is corporately guaranteed by Dollar General Corporation, which operates over 20,000 stores and is #108 on the Fortune 500 list. The property size is 12480 square feet and is located at 8125 State Route 12, Barneveld, NY.
    Insight Report Location Intelligence

    Current Use by Public Records

    Grocery and convenience stores

    Suggested Use

    Bar & Pub Computer & Electronic Repair Tech Support Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Barneveld
    County
    Oneida
    State
    New York
    Longitude
    -75.172742
    Latitude
    43.216985

    Nearby Similar for Sale

    • $64,900
      Pending

      Historic Schoolhouse on 3.13 Acres

      Historic schoolhouse with restoration potential on a 3.13-acre lot.
      7310 Trenton Rd, Barneveld, NY 13304
      View Details

    FAQs

    What type of property is this?
    Grocery and convenience store - New 15-year Dollar General Market lease in Barneveld, NY.
    Where is this grocery and convenience store located?
    The property is located at 8125 State Route 12 Barneveld, NY.
    What is the asking price?
    The asking price for this property is $2,740,460.
    What are key features of this property?
    This property features: - Absolute NNN Lease With Zero Landlord Responsibilities; - Corporately Guaranteed by Dollar General Corporation, operating 20,000+ stores and #108 on the Fortune 500 List; - Attractive 5% Rental Increase Every 5 Years throughout Primary Term and Options
    (817) 304-8916
    Request Owner's contact information
    8125 State Route 12 Barneveld, NY 13304
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    Barneveld, NY 13304
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    8125 State Route 12 Barneveld, NY 13304
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