Dollar General NNN Retail
729 Route 32A, Palenville, NY 12463
For Sale
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Corporate-backed absolute NNN occupancy places roof, structure, and parking lot responsibilities with the tenant.
Property Size9,026 SF
Lot Size1.18 Acres
Price / SF$164.75
Days on Market57
Property Features for 729 Route 32A
General Information
Standard status
Size
Lot size
Property subtype
Net Operating Income
Building Details
Year Built
Tenancy
Listing Agency:
AMC Real Estate Investment Services
Listed By:
Corbin Montpas · License NY #6501448006
Source:
Crexi
Added: Sep 15
Changed: Nov 4
Last Checked: Nov 10 at 6:16AM
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 AMC Real Estate Investment Services
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Investment Insights
Based on property information with market context.
This single-tenant Dollar General retail property contains approximately 9,026 SF on roughly 1.18 acres at 729 Route 32A in Palenville, New York. Completed as a 2015 build-to-suit, the building is leased under an absolute NNN structure with the tenant responsible for the roof, structure, and parking lot. The lease has approximately 4 years remaining in its initial term, followed by four five-year renewal options with 10% increases. Dollar General Corporation provides the corporate guarantee.
The property sits at the Route 32A and Route 23A junction, which serves as the sole access route through Kaaterskill Clove. Kaaterskill Falls, North South Lake Campground, and Hunter Mountain are within 11 miles and collectively draw more than 400,000 visitors annually. Five-mile household income is reported at $100,167, and the hamlet has no competing dollar retailer.
The property sits at the Route 32A and Route 23A junction, which serves as the sole access route through Kaaterskill Clove. Kaaterskill Falls, North South Lake Campground, and Hunter Mountain are within 11 miles and collectively draw more than 400,000 visitors annually. Five-mile household income is reported at $100,167, and the hamlet has no competing dollar retailer.
Key Highlights
- Approximately 9,026 SF single‑tenant Dollar General on roughly 1.18 acres
- Absolute NNN lease assigns roof, structure, and parking lot responsibilities to the tenant
- Approximately 4 years remain, with four five‑year options and 10% increases
Property Analytics
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Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
72
Businesses Nearby
9k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Dollar General
Shops & Services
4,698 visits/mo
0.1 miles
Mobil
Shops & Services
4,422 visits/mo
0.3 miles
Demographics for 12463, NY
1,405
Population
825
Households
1.7
Avg Household Size
48
Median Age
27%
College-Educated
99%
High-School Grad
7.5 sq mi
ZIP Area
187
Density / Sq Mi
$45,993
Median Household Income
$59,167
Median Earnings
$1,002
Median Rent
$246,900
Median Home Value
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Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
NNN property - Corporate-backed absolute NNN occupancy places roof, structure, and parking lot responsibilities with the tenant.
Where is this nnn property located?
The property is located at 729 Route 32A Palenville, NY.
What is the asking price?
The asking price for this property is $1,487,021.
What are key features of this property?
This property features: Approximately 9,026 SF single‑tenant Dollar General on roughly 1.18 acres; Absolute NNN lease assigns roof, structure, and parking lot responsibilities to the tenant; Approximately 4 years remain, with four five‑year options and 10% increases
