Property summary
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
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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