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Freestanding Dollar General NNN
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424 S Main St, Elmira, NY 14904

Single-tenant freestanding Dollar General with an absolute NNN lease structure and long-term term remaining.

Property Size14,820 SF
Price / SF$280.03
Days on Market51

Property Features for 424 S Main St

General Information

Standard status Active
Size 14,820 SF
Property subtype RETAIL

Additional Details

Traffic Count 8,100 vehicles/day

Building Details

Tenancy Single
Listing Agency: Legacy Real Estate Advisors
Listed By: Alexander Burks · License ##6501456570
Source: Moodyscre
Added: Jun 15 Changed: Jul 10 Last Checked: Jul 21 at 6:53AM

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 Legacy Real Estate Advisors

Investment Insights

Based on property information with market context.

This offering is a single-tenant, freestanding Dollar General storefront property in Elmira, New York. The asset is leased under a long-term absolute NNN structure described as having 10+ years remaining, with zero landlord responsibilities.

The site is positioned in a dense retail corridor. Public remarks indicate 8,100+ vehicles pass the property daily on Pennsylvania Ave, and 7,200+ vehicles pass daily on S Main St, supporting consistent roadway visibility. Nearby national retailers mentioned in the remarks include USPS and Family Dollar, among other established businesses.

For buyers seeking a corporate-backed, essential retail tenant, this property’s absolute NNN lease structure is designed to shift operating responsibilities away from the landlord. The remarks also cite an investment-grade credit rating of “BBB” with S&P and a positive/stable outlook, along with continued store count growth. This combination of a freestanding format, single-tenant tenancy, and long-term lease term remaining is intended to provide a straightforward ownership profile aligned with durability-focused retail investors.

Key Highlights

  • Single‑tenant freestanding Dollar General in Elmira, NY
  • Long‑term absolute NNN lease with 10+ years remaining and zero (0) landlord responsibilities
  • 8,100+ vehicles pass per day on Pennsylvania Ave.

Property Analytics

Current Use

Dollar General Discount Store

Suggested Use

Top Pick Real Estate Agency Hair Salon Electrical Service Big Box & Wholesale Store HVAC Service (Bike/Boat/Book/etc) Store

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

8,100 VPD
Traffic count
Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

367
Businesses Nearby
80k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 73% Groceries 19% Dining 4% Electronics 2%
Aldi Groceries
15,225 visits/mo 0.4 miles
Dollar Tree Shops & Services
13,672 visits/mo 0.3 miles
Byrne Dairy Shops & Services
12,619 visits/mo 0.2 miles
Dollar General Shops & Services
8,537 visits/mo 0.0 miles
Kwik Fill Shops & Services
6,734 visits/mo 0.4 miles

Demographics for 14904, NY

15,102
Population
7,629
Households
2
Avg Household Size
39
Median Age
17%
College-Educated
88%
High-School Grad
6.4 sq mi
ZIP Area
2,360
Density / Sq Mi
$54,563
Median Household Income
$35,128
Median Earnings
$1,005
Median Rent
$87,200
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?
Storefront property - Single-tenant freestanding Dollar General with an absolute NNN lease structure and long-term term remaining.
Where is this storefront property located?
The property is located at 424 S Main St Elmira, NY.
What is the asking price?
The asking price for this property is $4,150,000.
What are key features of this property?
This property features: Single‑tenant freestanding Dollar General in Elmira, NY; Long‑term absolute NNN lease with 10+ years remaining and zero (0) landlord responsibilities; 8,100+ vehicles pass per day on Pennsylvania Ave.
(630) 696-0558 Call to check price and availability
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