Building Details

Year Built 1979

Tenancy Single

Listing Agency: Marcus & Millichap - Indianapolis n***@marcusmillichap.com Show Phone

Listed By: Nathan Whalen · License #IN AB21402364

Source: Crexi

Added: Apr 11 Changed: Aug 8 Last Checked: Jul 22 at 1:41PM

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Investment Insights

Based on property information with market context.

Marcus & Millichap presents a single-tenant Dollar General Plus store in West Winfield, New York. The 8,700-square-foot building was originally built in 1979 and was recently remodeled, a reported investment intended to help deter deferred maintenance. Dollar General Plus stores are described in the offering materials as relocations and expansions of existing Dollar General locations, with larger footprints and more coolers and freezers.

The property is subject to a brand new 10-year lease signed by Dollar General, with lease commencement on June 13, 2019 and an expiration set for June 30, 2029. Three, five-year renewal options are available, each with a 10% rent increase, according to the provided remarks.

This is a retail property offered for sale with the existing tenant lease in place.

Key Highlights

• 8,700 SF single‑tenant Dollar General Plus store building
• Recently remodeled building originally constructed in 1979
• Brand new 10‑year lease for Dollar General commencing June 13, 2019 through June 30, 2029

Property Analytics

Property Profile

Current Use

Dollar General Discount Store Western Union Bank

Suggested Use

Top Pick HVAC Service Building Supply Auto Parts Store Storage Facility Big Box & Wholesale Store Barber Shop

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

Single-tenant

Tenancy

Location Intelligence

Trade Area within ½ mile

107

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 13491, NY

3,494

Population

1,526

Households

2.3

Avg Household Size

44

Median Age

21%

College-Educated

87%

High-School Grad

75.1 sq mi

ZIP Area

47

Density / Sq Mi

$72,500

Median Household Income

$40,043

Median Earnings

$803

Median Rent

$144,300

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

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Frequently Asked Questions

What type of property is this?

Grocery and convenience store - Single-tenant Dollar General Plus building was recently remodeled and constructed in 1979.

Where is this grocery and convenience store located?

The property is located at 166 South St West Winfield, NY.

What are key features of this property?

This property features: 8,700 SF single‑tenant Dollar General Plus store building; Recently remodeled building originally constructed in 1979; Brand new 10‑year lease for Dollar General commencing June 13, 2019 through June 30, 2029