Property profile

11350 STATE ROUTE 149 Fort Ann, NY 12827

OFF-MARKET
Grocery, Supermarket
Property ID
US63-2853784
9,100 SF 10.4 ac lot Built 2016
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Property summary

AI-generated overview

The property is a net-leased retail building configured for a Dollar General use, with an approximate gross building area of 9,100 square feet. The asset is structured as an NNN (triple-net) arrangement, allocating landlord responsibilities to the tenant and corresponding operating cost obligations to the occupancy. The building and site are designed to support a national discount retail format, and the lease structure includes an initial term extending to January 31, 2032 with four consecutive 5-year renewal options. The property is suitable for investor consideration involving long-term net lease holdings and is divisible in a manner consistent with single-tenant retail operations.

Property profile

Verified
Property type Grocery, Supermarket
Year built 2016
Total area 9,100 SF
Lot 10.4 ac (453,024 SF)
APN 532889 112.-4-9
UPID US63-2853784

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

11350 STATE ROUTE 149 Fort Ann, NY 12827
Fort Ann metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2022
Last sale
$1.8M
3 recorded transactions
2022
$1.8M
2021
$1.6M
2016
$180,000
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