6028 Trenton Road Utica, NY 13502
This exceptional investment opportunity presents a brand-new, 10,640-square-foot Dollar General situated on a 1.54-acre lot in Utica, New York. The property boasts a newly constructed building designed to the tenant's prototype specifications. A new 15-year absolute NNN lease is in place, commencing in October 2024, featuring 5% rent increases every five years and five, 5-year renewal options. This investment offers zero landlord obligations and the security of a corporate guarantee. The strategic location benefits from close proximity to Highway 12 and the SUNY Polytechnic Institute, with an enrollment of 1,990 students. Furthermore, the property enjoys a prime position near the Riverside Center, a retail hub featuring prominent national brands such as Walmart, Lowe's Home Improvement, Five Guys, and Applebee's. Utica, the county seat of Oneida County, is the tenth-most populous city in New York State, located in the Mohawk Valley, offering a strong and established market. The asking price for this exceptional net-lease investment is $1,947,403. This represents a compelling opportunity for investors seeking a stable, long-term, and low-maintenance income stream. The property's strong tenant, prime location, and favorable lease terms make it an attractive addition to any portfolio.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.