Building Details

Buildings 1

Tenancy Single

Listing Agency: Fortis Net Lease b***@fortisnetlease.com Show Phone

Listed By: Bryan Bender · License #MI 6501319610

Source: Crexi

Added: Apr 10 Changed: Aug 31 Last Checked: Aug 30 at 11:26AM

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Investment Insights

Based on property information with market context.

This brand-new 9,100-square-foot Dollar General store is offered with fee simple ownership and an absolute NNN lease. The structure assigns landlord responsibilities to the tenant and includes four five-year renewal options, each carrying a 10% rental increase. Dollar General Corporation provides the corporate lease guarantee and holds a BBB credit rating, identified in the offering as investment grade.

The property is located at 8079 S Main Street in Springwater, NY, near Marvin Hill Road. The site records more than 3,300 vehicles per day, with a population exceeding 5,400 within five miles. The lease has a 15-year initial term, providing a defined term structure for ownership.

Key Highlights

• Brand‑new 9,100 SF Dollar General store
• 15‑year absolute NNN lease with no landlord responsibilities
• Four 5‑year renewal options, each with a 10% rental increase

Property Analytics

Property Profile

Current Use

Dollar General Discount Store FedEx OnSite Postal Service Western Union Bank

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Real Estate Agency Storage Facility Furniture & Home Goods Auto Repair Shop

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

Lease Details

3,300 VPD

Traffic count

100%

Occupancy

Single-tenant

Tenancy

Location Intelligence

Trade Area within ½ mile

48

Businesses Nearby

4k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 100%

Dollar General Shops & Services

4,016 visits/mo 0.1 miles

Demographics for 14560, NY

2,167

Population

1,279

Households

1.7

Avg Household Size

47

Median Age

27%

College-Educated

93%

High-School Grad

39.0 sq mi

ZIP Area

56

Density / Sq Mi

$74,306

Median Household Income

$39,375

Median Earnings

$1,120

Median Rent

$181,700

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?

NNN property - Absolute NNN lease includes four five-year renewal options with 10% rental increases.

Where is this nnn property located?

The property is located at 8079 S Main Street Springwater, NY.

What are key features of this property?

This property features: Brand‑new 9,100 SF Dollar General store; 15‑year absolute NNN lease with no landlord responsibilities; Four 5‑year renewal options, each with a 10% rental increase