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    Dollar General NNN Portfolio Title is generated by Realmo AI

    4797 S Main Street, Hemlock, NY 14466

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    Portfolio of 14 corporate-guaranteed Dollar General stores across seven states.

    Type:Retail
    Added:
    Mar 13, 2026
    Days on Market:
    69
    Last Refresh:
    Mar 19 at 11:18 pm

    Property Features for 4797 S Main Street

    General Information

    Standard status
    Active
    Property subtype
    Retail

    Building Details

    Year Built
    2022

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    Listing Contact
    Scott Sandelin
    Scott Sandelin

    Listing agent Scott Sandelin License #FL SL636794

    Listing office Marcus & Millichap - Miami

    Listing date Mar 13, 2026

    Source Crexi

    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 Marcus & Millichap - Miami

    HighLights

    • Portfolio of 14 newer construction Dollar General stores with corporate guarantees across seven states.
    • Absolute NNN leases with zero landlord responsibilities, providing passive income.
    • Dollar General's investment‑grade credit rating (BBB from S&P, Baa2 from Moody's) ensures reliable tenancy.
    • Strategically located in growing communities within established metropolitan statistical areas and rural markets with strong economic drivers.
    • Attractive cap rates with corporate NNN leases featuring 10% rent increases every option term.
    • Weighted Average Lease Term (WALT) of just under 11 years remaining on leases (expiring 2036–2038).

    Overview

    This net-leased investment opportunity consists of 14 newer construction, corporate-guaranteed Dollar General stores across seven states: New York, Pennsylvania, Illinois, Iowa, Missouri, Minnesota, and Kentucky. These properties feature absolute NNN leases with zero landlord responsibilities, providing passive income streams backed by Dollar General's investment-grade credit rating. The stores are strategically located in growing communities within established metropolitan statistical areas and rural markets. The portfolio emphasizes locations in small towns and rural areas with strong economic drivers such as manufacturing, healthcare, education, and retail trade. The Hemlock, NY property is situated near Hemlock Lake, benefiting from proximity to Rochester and educational institutions like SUNY Geneseo. The Lansing, NY store, near Ithaca and Cornell University, serves a vibrant economy. In Pennsylvania, the properties in Josephine, Hopewell, and Kittanning cater to rural demographics with economies driven by retail trade, education, and manufacturing. Iowa's Northwood and Belle Plaine stores are in communities with manufacturing leading employment and growth potential near colleges like Riverland Community College. In Missouri, Webb City and Harrisonville show strong population growth. The Litchfield, MN property benefits from a manufacturing-heavy economy and proximity to St. Cloud State University. Kentucky's Topmost, Breeding, and Manchester stores serve rural markets near educational hubs like Hazard Community and Technical College. These properties offer attractive cap rates with corporate NNN leases featuring 10% rent increases every option term. With WALT of just under 11 years remaining on leases (expiring 2036–2038), the portfolio underscores Dollar General's commitment to serving underserved rural markets. Dollar General Corporation is a leading discount retailer with over 20,388 stores across 48 states. The company reported $40.61 billion in revenue for fiscal 2025 and employs 194,000+ people. Recent results show 4.6% net sales growth and 43.8% EPS increase in Q3 2025. Dollar General focuses on everyday essentials at competitive prices, thriving in economic cycles and expanding in high-demand areas.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Dollar General Discount Store

    Suggested Use

    Building Supply Big Box & Wholesale Store Gym & Fitness Center Storage Facility Bar & Pub Grocery & Convenience Store Pet Grooming Service

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Hemlock
    County
    Livingston
    State
    New York
    Longitude
    -77.604955
    Latitude
    42.784968

    FAQs

    What type of property is this?
    NNN property - Portfolio of 14 corporate-guaranteed Dollar General stores across seven states.
    Where is this nnn property located?
    The property is located at 4797 S Main Street Hemlock, NY.
    What is the asking price?
    The asking price for this property is $19,453,062.
    What are key features of this property?
    This property features: Portfolio of 14 newer construction Dollar General stores with corporate guarantees across seven states.; Absolute NNN leases with zero landlord responsibilities, providing passive income.; Dollar General's investment‑grade credit rating (BBB from S&P, Baa2 from Moody's) ensures reliable tenancy.
    (305) 761-5829 Call to check price and availability
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