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    OFF-MARKET
    Retail properties & Spaces

    391 Ny-414, Beaver Dams, NY 14812

    9,026 SF 4 ac lot Built 2019
    Property ID
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents a 9,026-square-foot Dollar General store situated on a 4-acre lot in Beaver Dams, New York. The property boasts a strong 7.25% cap rate, generating a net operating income (NOI) of $94,338. Built in 2019, the single-story building is operating under a 15-year net lease (NNN), expiring December 5, 2034, with 10 years remaining. The lease includes a corporate guarantee from Dollar General, minimizing landlord responsibilities. The lease features 10% rent bumps and five 5-year renewal options, ensuring long-term stability and potential for increased returns. The property is zoned 02-SINGL and enjoys 100% occupancy. The asking price is $1,301,214, translating to a price per square foot of $144.16. This investment is further strengthened by the location's strong demographics, with average annual household incomes exceeding $71,000 within a 5-mile radius. The address is 391 NY-414, Beaver Dams, NY 14812. This is a turnkey investment ideal for passive income seekers.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Year built 2019
    Total area 9,026 SF
    Lot 4 ac (174,240 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Isalis (Bike/Boat/Book/etc) Store
    • Party City Party Supply Store (Bike/Boat/Book/etc) Store
    • Skunk Funk Big Box & Wholesale Store
    • Carl's Trading Co Hat Shop
    • Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
    Value estimations
    Realmo proprietary · 4 methods
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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