0 Tbd Ny 365 Verona, NY 13478

This exceptional investment opportunity presents a fee-simple ownership of a 12,480-square-foot Dollar General Market in Verona, New York. The property boasts a 15-year absolute NNN lease, commencing October 18, 2024, and expiring October 30, 2039, with a substantial remaining term of 14.9 years. The lease includes five, 5-year rent bumps of 5% each, ensuring consistent income growth. The property's strong financial performance is reflected in its 6.75% cap rate and a net operating income (NOI) of $163,901. The asking price is $2,428,165, translating to a price per square foot of $194.56 and a price per unit of $2,428,165. The tenant, Dollar General Corporation, is a credit-rated, Fortune 500 company providing a corporate guarantee. Situated on a 3.58-acre lot, the building was constructed in 2024 and enjoys 100% occupancy. The property benefits from its convenient location, easily accessible from State Route 365, a major thoroughfare with a high volume of daily traffic. The surrounding area demonstrates healthy demographics, with a significant population within a 5-mile radius, and limited retail competition, making this Dollar General Market a primary source of retail goods for the community. Its proximity to Syracuse, New York, further enhances its strategic value. This is a rare opportunity to acquire a high-performing, low-risk retail investment with a strong tenant and long-term lease.