95 S Main St Avoca, NY 14809

This exceptional investment opportunity presents a fee-simple ownership of a 9,191 square-foot Dollar General store in Avoca, New York. Located at 95 S Main St, this single-story building, constructed in 2016, sits on a 2.03-acre lot and boasts a 100% occupancy rate. The property is secured by a 15-year absolute NNN lease with Dollar General Corporation, commencing January 18, 2017, and expiring January 31, 2032, leaving 7.2 years remaining. The lease includes four five-year renewal options, each with a 10% rent increase. The tenant, Dollar General, holds a "BBB" investment-grade credit rating, providing significant financial security. The property generates a substantial net operating income (NOI) of $109,271, resulting in an attractive 8.10% cap rate and a price per square foot of $146.78. The asking price is $1,349,025. This strategically positioned property benefits from high visibility on S Main Street, experiencing 3,932 vehicles per day. The surrounding area demonstrates strong demographics, with a 10-mile population of 17,436 and an average household income of $59,834. This presents an ideal opportunity for a 1031 exchange or passive investor seeking a secure, high-performing retail investment.