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    11350 State Route 149 Fort Ann, NY 12827

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    For Sale
    $1,550,000

    Absolute NNN Dollar General with zero landlord responsibilities.

    Property size:
    9,100 SF
    Lot size:
    10.40 Acres

    Property Features for 11350 State Route 149

    General Information

    Size
    9,100 SF
    Lot size
    10.40 Acres

    Source: NAI Platform Agent James "Jay" Verro

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

    Overview

    NNN Dollar General For Sale

    This property is an absolute NNN Dollar General store with zero landlord responsibilities. The initial lease term extends until January 31, 2032. Dollar General has four consecutive 5-year renewal options with rent increases. The property is suitable for a 1031 Exchange opportunity. The property size is 9,100 square feet. The current cap rate is 7%. Financials and detailed information are available upon acceptance of an offer. The property can be viewed by entering as a shopper.
    Insight Report Location Intelligence

    Current Use by Public Records

    Grocery and convenience stores

    Suggested Use

    Restaurant Spa & Massage Auto Repair Shop Hair Salon Nail Salon Hotel & Motel Garden Center 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
    Fort Ann
    County
    Washington
    State
    New York
    Longitude
    -73.4943298
    Latitude
    43.4140971

    Nearby Similar for Sale

    • $99,000
      5,160 SF

      Two-Story Commercial Building in Fort Ann

      Two-story commercial building with high traffic flow in Fort Ann.
      64 Catherine St, Fort Ann, NY 12827
      View Details

    FAQs

    What type of property is this?
    Grocery and convenience store - Absolute NNN Dollar General with zero landlord responsibilities.
    Where is this grocery and convenience store located?
    The property is located at 11350 State Route 149 Fort Ann, NY.
    What is the asking price?
    The asking price for this property is $1,550,000.
    What are key features of this property?
    This property features: - Absolute NNN Dollar General lease with zero landlord responsibilities.; - Attractive 7% cap rate.; - Initial lease term runs until 1/31/2032.
    (518) 369-5048
    Request Owner's contact information
    11350 State Route 149 Fort Ann, NY 12827
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    Fort Ann, NY 12827
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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
    11350 State Route 149 Fort Ann, NY 12827
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