SQUARE FEET15,103
MLS#202600168
STATUSActive
PROPERTY TYPECommercial - Retail
Property Description
This well-maintained 15,103 square foot commercial building presents a lucrative investment opportunity with a long-term lease to a nationally recognized tenant, Dollar General. The property is offered at an attractive 8% capitalization rate. Located on a sprawling 5-acre lot, the property features a newly paved parking lot and upgraded lighting, ensuring a welcoming and safe environment for customers and tenants alike.Dollar General has been the anchor tenant since 2006, occupying 81% of the building. The remaining 19% is leased as storage space to another tenant, providing additional, stable rental income.The lease is structured as a Triple Net (NNN) lease, The property is offered at an attractive 7.6% capitalization rate delivering strong returns on investment.
Property Features
Property Type: Commercial - Retail
Home Style: Retail
Lot Size: 5 Acres
Taxes: $19,739
Year Built: 1980
Feature Descriptions
Building Ceiling Height: 16
Current Use: Retail
Days on Site: 23
Exterior: Block
Lot Dimensions: 0
Parking Spaces: 50
Sewer: Septic Tank
Water: Public
Listed By / Shown By
Listing By
Agency Name: Julie & Co Realty
Agency Phone: (518) 350-7653
Shown By
Agency Title: Coldwell Banker Commercial Prime Properties, Inc.
Agency Phone: 518-785-9000
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