Building Details

Year Built 2016

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

Listed By: Robert Bender · License #6501323470

Source: Fortisnetlease

Added: Nov 21, 2025 Changed: Aug 8 Last Checked: Aug 21 at 4:53AM

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Investment Insights

Based on property information with market context.

This 9,191 SF Dollar General store is located in Avoca, NY. The property is secured with a 15-year absolute NNN lease, offering zero landlord responsibilities. There are 4 (5-year) options to renew, each including a 10% rental rate increase. The lease is corporately guaranteed by Dollar General Corporation, which holds a credit rating of "BBB", classified as investment grade. The store has been open and operating since January 2017. The Dollar General is positioned along S Main Street, which sees 3,932 vehicles per day. The ten-mile population from the site is 17,436, with an average household income of $59,834 per year. This location is suited for a Dollar General. This offering represents an opportunity for a 1031 exchange buyer or a passive investor to obtain fee simple ownership of a Dollar General. This investment offers continued success due to the financial strength and profitability of the tenant.

Key Highlights

• 15‑year Absolute NNN Lease with zero landlord responsibilities.
• Corporately guaranteed by Dollar General Corporation with an investment‑grade “BBB” credit rating.
• Four (5‑year) options to renew, each with a 10% rental rate increase.

Property Analytics

Property Profile

Current Use

Dollar General Discount Store Western Union Bank FedEx OnSite Postal Service

Suggested Use

Top Pick Building Supply Auto Repair Shop Law Firm Restaurant Nursing Home

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

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

49

Businesses Nearby

11k

Monthly Visits Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 100%

Dollar General Shops & Services

4,235 visits/mo 0.1 miles

Marathon Shops & Services

3,437 visits/mo 0.1 miles

Crosby's Shops & Services

3,333 visits/mo 0.1 miles

Demographics for 14809, NY

2,258

Population

1,239

Households

1.8

Avg Household Size

45

Median Age

17%

College-Educated

84%

High-School Grad

56.9 sq mi

ZIP Area

40

Density / Sq Mi

$62,868

Median Household Income

$40,518

Median Earnings

$924

Median Rent

$110,200

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

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Storefront property - NNN leased Dollar General in Avoca, NY for rent.

Where is this storefront property located?

The property is located at 95 S Main St Avoca, NY.

What is the lease rate?

The lease rate is $1,349,025.

What are key features of this property?

This property features: 15‑year Absolute NNN Lease with zero landlord responsibilities.; Corporately guaranteed by Dollar General Corporation with an investment‑grade “BBB” credit rating.; Four (5‑year) options to renew, each with a 10% rental rate increase.