Building Details

Tenancy Single

Listing Agency: SURMOUNT g***@nnnpro.com Show Phone

Listed By: Glen Kunofsky · License #NY 49KU1129178

Source: Crexi

Added: Apr 11 Changed: Aug 29 Last Checked: Aug 29 at 2:11PM

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Investment Insights

Based on property information with market context.

The property comprises a 7,418-square-foot retail building on approximately 3.62 acres. Dollar General is identified as the occupant, with store operations scheduled to begin by the end of Q1 2020 and rent commencement no later than March 20, 2020.

The offering includes a new 15-year absolute triple-net lease. The agreement provides four additional five-year renewal options, with rent increases of 10% during each option period. The property is located at 176 W State St in Granby, Massachusetts, and combines an established discount-retail brand with a long-term lease structure.

Key Highlights

• Dollar General retail building totaling 7,418 square feet
• Property occupies approximately 3.62 acres
• New 15‑year absolute triple‑net lease

Property Analytics

Property Profile

Current Use

Dollar General Discount Store Western Union Bank

Suggested Use

Top Pick Real Estate Agency Dental Office Big Box & Wholesale Store Auto Parts Store Law Firm Pharmacy

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

121

Businesses Nearby

7k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 100%

Dollar General Shops & Services

7,101 visits/mo 0.0 miles

Demographics for 01033, MA

6,092

Population

2,768

Households

2.2

Avg Household Size

47

Median Age

37%

College-Educated

94%

High-School Grad

27.8 sq mi

ZIP Area

219

Density / Sq Mi

$110,188

Median Household Income

$65,625

Median Earnings

$319,600

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?

NNN property - Retail property featuring a new absolute triple-net lease and four five-year renewal options.

Where is this nnn property located?

The property is located at 176 W State St Granby, MA.

What are key features of this property?

This property features: Dollar General retail building totaling 7,418 square feet; Property occupies approximately 3.62 acres; New 15‑year absolute triple‑net lease