Corporate-Guaranteed NNN Retail
5280 US RTE 9W Newburgh, NY 12550
For Sale
Contact for pricing
Absolute NNN retail lease to DG with corporate guarantee, long remaining term, and renewal options featuring scheduled rent increases.
Property Size9,100 SF
Price / SF$203.23
Days on Market52
Property Features for 5280 US RTE 9W
General Information
- Standard status
- Active
- Size
- 9,100 SF
- Property subtype
- Retail
Building Details
- Year Built
- 2022
Listing Agency:
Touchstone Commercial Partners
Listed By:
Andrew Vu · License #01982366
Source:
Crexi
Added: Jun 2
Changed: Jul 10
Last Checked: Jul 22 at 8:12AM
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 Touchstone Commercial Partners
Investment Insights
Based on property information with market context.
This absolute NNN retail property is leased to Dollar General (DG) under a corporate guaranteed arrangement. The offering reflects 11.5+ years remaining and includes four additional 5-year renewal options, each with a 10% rent increase. The tenant is identified as an investment-grade company, listed on the NYSE, with S&P BBB credit rating noted in the remarks.
The location is along US Route 9W in Newburgh, NY, with the remarks citing approximately 19,000 vehicles per day in front of the DG store and a 97,000+ population within a 5-mile radius. Access is described via US-9W, I-84, and I-87, as well as proximity to New York Stewart International Airport. The remarks also reference a nearby Tesla automotive parts distribution hub totaling 927,000 square feet.
For investors seeking a stabilized NNN structure with contractual renewal provisions, this asset combines a long-dated lease term with defined rent escalations tied to renewal options. The corporate guarantee and the tenant’s investment-grade profile, as stated in the remarks, may be an important consideration for buyers evaluating credit and lease durability.
The location is along US Route 9W in Newburgh, NY, with the remarks citing approximately 19,000 vehicles per day in front of the DG store and a 97,000+ population within a 5-mile radius. Access is described via US-9W, I-84, and I-87, as well as proximity to New York Stewart International Airport. The remarks also reference a nearby Tesla automotive parts distribution hub totaling 927,000 square feet.
For investors seeking a stabilized NNN structure with contractual renewal provisions, this asset combines a long-dated lease term with defined rent escalations tied to renewal options. The corporate guarantee and the tenant’s investment-grade profile, as stated in the remarks, may be an important consideration for buyers evaluating credit and lease durability.
Key Highlights
- Absolute NNN retail lease to DG with corporate guaranteed lease
- 11.5+ years remaining term with four 5‑year renewal options
- Renewal options include scheduled 10% rent increases each option
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $163.8k | $18.00 |
| − Vacancy | −$5.6k | −$0.61 |
| EGI | $158.2k | $17.39 |
| − OpEx | −$47.5k | −$5.22 |
| NOI | $110.8k | $12.17 |
9,100 SF · lease $18.00/SF/yr · vacancy 3.40% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.58M
$1.38M – $1.85M
NOI $110,762 @ 7.0% cap · market cap 5.99%
Second Best
Specialty Retail
$1.13M
$988.9K – $1.32M
NOI $79,115 @ 7.0% cap · market cap 4.28%
Theoretical Best
Office A
$3.08M
$2.70M – $3.60M
NOI $215,744 @ 7.0% cap · market cap 11.67%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Grocery and convenience stores
FAQs
What type of property is this?
NNN property - Absolute NNN retail lease to DG with corporate guarantee, long remaining term, and renewal options featuring scheduled rent increases.
Where is this nnn property located?
The property is located at 5280 US RTE 9W Newburgh, NY.
What is the asking price?
The asking price for this property is $1,849,433.
What are key features of this property?
This property features: Absolute NNN retail lease to DG with corporate guaranteed lease; 11.5+ years remaining term with four 5‑year renewal options; Renewal options include scheduled 10% rent increases each option
