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    Property profile & analytics
    OFF-MARKET Estimated value $1,725,000
    Retail space

    290 Broadway, Fort Edward, NY 12828-1202

    9,100 SF 1.69 ac lot Built 2019
    Entity Owned Free & Clear
    Property ID
    US63-1549440
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents a fee-simple Dollar General located at 290 Broadway, Fort Edward, NY 12828. The 9,100 square foot property, built in 2019, sits on a 1.69-acre lot and boasts a 15-year absolute NNN lease with 4 five-year options, each including a 10% rent increase. The current lease commenced November 21, 2019, and expires November 30, 2034, ensuring long-term stability. The property enjoys a 7.20% cap rate and a strong NOI of $111,092, with a price per square foot of $169.55. This location benefits from high visibility along Broadway (13,700 vehicles per day), proximity to Fort Edward Jr. High School, and a favorable demographic profile within a 5-mile radius. The property is ranked in the top 18% of all Dollar Generals nationwide according to Placer AI, indicating strong performance and potential for future growth. Zero landlord responsibilities are required due to the absolute NNN lease structure. The asking price is $1,542,944. This is a rare opportunity to acquire a high-performing, low-maintenance retail investment with significant long-term potential. The property's strong tenant, lease terms, and location make it an attractive addition to any investment portfolio.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 2019
    Total area 9,100 SF
    Lot 1.69 ac (73,616 SF)
    Zoning code 05 - COMMERCIAL
    APN 533089 163.14-1-33
    UPID US63-1549440
    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
    • Dollar General Discount Store
    • FedEx OnSite Postal Service Courier Service
    • Western Union Bank Credit Union
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $1.87M
    CAP Approach CAP
    $1.75M
    Comparable Approach Comparable
    $1.74M
    Blend (final) Blend
    $1.73M
    Owner & transaction history
    K Pos Enterprises LLC
    K Pos Enterprises LLC
    since 2025
    Last sale
    $1.5M
    5 recorded transactions
    2025
    $1.5M
    2021
    2021
    $1.7M
    2019
    2019
    $270,000
    Zoning & alternative use
    05 - COMMERCIAL · Fort Edward, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Restaurant $1.2M +2.3%
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