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Built-in-2020 NNN Retail Building

518 State Route 13 Williamstown, NY 13493

518 State Route 13, Williamstown, NY, 13493
$864,000
For Sale
$864,000

Double-net structure places most expenses on the tenant, with corporate guarantee from Family Dollar Stores, Inc.

Days on Market153

Property Features for 518 State Route 13

General Information

Standard status
Active
Property subtype
Street Retail

Building Details

Year Built
2020
Listing Agency Encore Real Estate Investment Services
Listed by Michael Gaggo · License #6501381426
Source Thebrokerlist
Added: Feb 18 Updated: Jul 20 at 6:13 pm Checked: Jul 20 at 6:13 pm

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 Encore Real Estate Investment Services


Investment Insights

Based on property information with market context.

This NNN retail building was constructed in 2020 and is offered with a Double-Net (NN) lease structure. Under the stated structure, the tenant is responsible for all expenses except roof and structure. The listing also notes a corporate guarantee from Family Dollar Stores, Inc. with built-in rent growth of 5% increases every 5 years during option periods.

The property is located at 518 State Route 13 in Williamstown, NY. The remarks describe the asset as positioned within 50 miles south of Syracuse, with strong surrounding demographics including average household income exceeding $67,000 within a 1-mile radius, and note no Dollar Store competition within an 8-mile radius.

Key Highlights

  • Built in 2020 for modern construction.
  • Double‑net (NN) lease structure: tenant responsible for all expenses except roof and structure.
  • Corporate guarantee from Family Dollar Stores, Inc.

Property Analytics

Location Intelligence

Current Use by Public Records

Retail space

Suggested Use

Electrical Service Garden Center Grocery & Convenience Store Computer & Electronic Repair Auto Repair Shop Real Estate Agency Daycare Center Wine and Liquor Store Travel Agency Restaurant

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

FAQs

What type of property is this?
Retail space - Double-net structure places most expenses on the tenant, with corporate guarantee from Family Dollar Stores, Inc.
Where is this retail space located?
The property is located at 518 State Route 13 Williamstown, NY.
What is the asking price?
The asking price for this property is $864,000.
What are key features of this property?
This property features: Built in 2020 for modern construction.; Double‑net (NN) lease structure: tenant responsible for all expenses except roof and structure.; Corporate guarantee from Family Dollar Stores, Inc.
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