Dollar General Net Lease
201 Main St Amsterdam, NY 12010
201 Main St, Amsterdam, NY, 12010
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For Sale
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Absolute NNN lease for a currently operating Dollar General with corporate guarantee and renewal options.
Property Size9,200 SF
Days on Market102
Property Features for 201 Main St
General Information
- Standard status
- Active
- Size
- 9,200 SF
- Property subtype
- Retail
Listing agency
Fortis Net Lease
(248) 419-3810
Listed by
Bryan Bender · License #MI 6501319610
Source
Crexi
Added: Apr 12 Updated: Jul 22 at 12:32PM Checked: Jul 22 at 12:32PM
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 Fortis Net Lease
Investment Insights
Based on property information with market context.
Fortis Net Lease presents a 9,200 SF Dollar General store in Amsterdam, New York. The property is offered with a Fifteen (15) Year Absolute NNN lease structure, designed to leave zero landlord responsibilities. The lease commenced December 20, 2017 and includes four (4) five-year renewal options, each with a 10% rental rate increase.
The lease is corporately guaranteed by Dollar General Corporation, which is classified as Investment Grade with a “BBB” credit rating. The store is currently open. The property is positioned on E. Main Street and is described as highly visible, with reported traffic of 10,324 cars per day.
Demographic information provided with the offering includes 48,590 population within ten miles and an average household income of $64,982 within three miles.
The lease is corporately guaranteed by Dollar General Corporation, which is classified as Investment Grade with a “BBB” credit rating. The store is currently open. The property is positioned on E. Main Street and is described as highly visible, with reported traffic of 10,324 cars per day.
Demographic information provided with the offering includes 48,590 population within ten miles and an average household income of $64,982 within three miles.
Key Highlights
- 9,200 SF Dollar General store in Amsterdam, NY on an absolute NNN lease
- 15‑year absolute NNN lease structure with zero landlord responsibilities
- 5‑year renewal options (4 total) with 10% rental rate increases
Property Analytics
Location Intelligence
Current Use by Public Records
FedEx OnSite
Postal Service
Dollar General
Discount Store
Western Union
Bank
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FAQs
What type of property is this?
NNN property - Absolute NNN lease for a currently operating Dollar General with corporate guarantee and renewal options.
Where is this nnn property located?
The property is located at 201 Main St Amsterdam, NY.
What are key features of this property?
This property features: 9,200 SF Dollar General store in Amsterdam, NY on an absolute NNN lease; 15‑year absolute NNN lease structure with zero landlord responsibilities; 5‑year renewal options (4 total) with 10% rental rate increases
