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Sherburne Dollar General Net Lease
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51 N Main St, Sherburne, NY 13460

Net-leased Dollar General in Sherburne, NY with strong corporate guarantee.

Property Size7,735 SF
Lot Size1.79 Acres
Price / SF$174.40
Days on Market103

Property Features for 51 N Main St

General Information

Standard status Active
Size 7,735 SF
Total Parking Spaces 22
Lot size 1.79 Acres
Property subtype Retail
Lease Type Net
Investment Type Net Lease
Net Operating Income $118,000

Building Details

Year Built 1973
Tenancy Single
Listing Agency: Cushman & Wakefield - Sacramento, California
Listed By: Michael Yuras · License #CA 01823291
Source: Crexi
Added: May 16 Changed: Aug 12 Last Checked: Aug 23 at 8:29PM

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 Cushman & Wakefield - Sacramento, California

Investment Insights

Based on property information with market context.

This net lease investment opportunity features a new long-term lease with Dollar General Corporation, a national tenant with over 20,000 locations. Dollar General is an investment-grade tenant (BBB-/Baa3 rated) with over $42 billion in 2025 revenue. The property is located along North Main Street in Sherburne, New York, which experiences a traffic count of over 8,500 vehicles per day. The location is at the intersection of State Route 80 and State Routes 12 & 12B. The 1.79-acre parcel allows for ease of access. The 7,735-SF building accommodates convenience store-type items. The property serves as the only Dollar General retailer in Sherburne with proven sales and is located within walking distance of Sherburne-Earlville High School (387 students). The net lease requires minimal landlord management, with the tenant responsible for all taxes, insurance, and maintenance, excluding roof, structure, and parking lot. The property is suitable for local and out-of-area investors.

Key Highlights

  • New long‑term net lease to Dollar General Corporation (NYSE: "DG").
  • Dollar General is an investment grade tenant (BBB-/Baa3 rated).
  • High‑visibility location on North Main Street with 8,500+ vehicles per day.

Property Analytics

Current Use

Dollar General Discount Store Western Union Bank

Suggested Use

Top Pick Storage Facility Real Estate Agency Barber Shop Nail Salon Skin Care Clinic Acupuncture

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

83
Businesses Nearby
2k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
NBT Bank Shops & Services
1,563 visits/mo 0.4 miles

Demographics for 13460, NY

4,309
Population
1,923
Households
2.2
Avg Household Size
45
Median Age
15%
College-Educated
86%
High-School Grad
66.6 sq mi
ZIP Area
65
Density / Sq Mi
$63,316
Median Household Income
$39,485
Median Earnings
$811
Median Rent
$119,400
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 - Net-leased Dollar General in Sherburne, NY with strong corporate guarantee.
Where is this grocery and convenience store located?
The property is located at 51 N Main St Sherburne, NY.
What is the asking price?
The asking price for this property is $1,349,000.
What are key features of this property?
This property features: New long‑term net lease to Dollar General Corporation (NYSE: "DG").; Dollar General is an investment grade tenant (BBB-/Baa3 rated).; High‑visibility location on North Main Street with 8,500+ vehicles per day.
More about this property
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