Dollar General NNN Retail
For Sale
Contact for pricing
290 Broadway, Fort Edward, NY 12828
Absolute NNN lease structure limits landlord responsibilities and includes multiple renewal options with contractual rent increases.
Property SizeContact for details
Days on Market144
Property Features for 290 Broadway
General Information
Standard status
Active
Property subtype
Retail
Listing Agency:
Fortis Net Lease
(248) 419-3810
Listed By:
Bryan Bender · License #MI 6501319610
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Aug 29 at 7:16PM
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.
This 9,281-square-foot Dollar General retail property is leased under a 15-year absolute NNN agreement, with no landlord responsibilities identified in the lease structure. The tenant has four five-year renewal options, each providing a 10% rental rate increase. Dollar General Corporation provides a corporate guarantee and carries a BBB credit rating, classified as investment grade. The store has operated at the site since November 2019.
The property is located on Broadway in Fort Edward, New York, where the roadway records 11,549 cars per day. The surrounding area includes a five-mile population of 47,590 and a three-mile average household income of $68,140 per year. The offering conveys fee simple ownership and may accommodate a 1031 exchange or passive investment strategy as described by the lease and ownership structure.
The property is located on Broadway in Fort Edward, New York, where the roadway records 11,549 cars per day. The surrounding area includes a five-mile population of 47,590 and a three-mile average household income of $68,140 per year. The offering conveys fee simple ownership and may accommodate a 1031 exchange or passive investment strategy as described by the lease and ownership structure.
Key Highlights
- 9,281 SF Dollar General retail property
- 15‑year absolute NNN lease with no landlord responsibilities identified
- Four 5‑year renewal options, each with a 10% rental rate increase
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
173
Businesses Nearby
61k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 61%
Shops & Services 39%
McDonald's
Dining
17,744 visits/mo
0.4 miles
Dunkin' Donuts
Dining
10,172 visits/mo
0.5 miles
Cumberland Farms
Shops & Services
8,113 visits/mo
0.3 miles
Dollar General
Shops & Services
7,942 visits/mo
0.1 miles
Sunoco
Shops & Services
7,481 visits/mo
0.5 miles
Demographics for 12828, NY
9,442
Population
3,974
Households
2.4
Avg Household Size
45
Median Age
19%
College-Educated
90%
High-School Grad
45.1 sq mi
ZIP Area
209
Density / Sq Mi
$77,776
Median Household Income
$44,153
Median Earnings
$1,147
Median Rent
$213,600
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Absolute NNN lease structure limits landlord responsibilities and includes multiple renewal options with contractual rent increases.
Where is this nnn property located?
The property is located at 290 Broadway Fort Edward, NY.
What are key features of this property?
This property features: 9,281 SF Dollar General retail property; 15‑year absolute NNN lease with no landlord responsibilities identified; Four 5‑year renewal options, each with a 10% rental rate increase
