9658 Holman City Rd Paris, NY 13456

This exceptional investment opportunity presents a brand-new, 12,480-square-foot Dollar General store in Paris, New York, built in 2024. The property boasts a 15-year absolute NNN lease with a strong corporate guarantee, commencing October 13, 2024, and expiring October 31, 2039. The lease includes a favorable 5% rent increase every five years, starting in year six. Situated on a 2.88-acre lot, this single-tenant building enjoys a prime corner location with high visibility, benefiting from a combined 8,129 vehicles per day. The property's strategic location is further enhanced by its proximity to Utica and New Hartford, NY, boasting a combined population of 86,000, as well as Utica Zoo and Utica University. The surrounding area demonstrates strong demographics, with a high average household income of $95,100. This is a "DG Market," representing Dollar General's largest store size, designed to maximize sales potential within a five-mile radius encompassing a population of 64,800. The property offers a 6.65% cap rate and a net operating income (NOI) of $162,948, making it an attractive addition to any portfolio. The asking price is $2,450,345, translating to a price per square foot of $196.34. This is a fee-simple ownership opportunity with 100% occupancy.