Discount
Dollar General I Additional Building & Land
110 E State St, Herkimer, NY 13350
Listing Price: $1,800,000
Investment Overview
This property features a Dollar General store with additional building and land, offering a current net operating income of $59,884. Situated on a high-traffic section of State Street with over 23,000 vehicles passing by daily, the location provides excellent visibility for businesses. With Dollar General as the anchor tenant, enjoy passive income and corporate guarantee, ensuring a secure investment. The lease includes 3 years remaining on the base term with rent increases built in to combat inflation. Positioned in the heart of Herkimer Village, the property is surrounded by a thriving retail corridor, neighboring well-known national brands like Lowe’s and McDonald’s. Take advantage of the strategic location and the growth potential in this historic community, just 15 miles southeast of Utica, NY.
Dollar General I Additional Building & Land
Investment Highlights
- Double Net (NN) Dollar General With Some Landlord Responsibilities Located on A Heavily Trafficked Section of State Street with More Than 23,000 Vehicles Per Day
- Subject Property Has Leaseable Space for a Growing Businesses, with a Hair & Skin Care Studio and Gym Currently Occupying the Building, as well as Livable Space Above for Housing Opportunity
- Subject Property is Located Near a Host of the Most Successful National Retailers Including Lowe's, Mavis Discount Tire, Dollar Tree, Burger King, Harbor Freight Tools, AutoZone , Arby's, McDonald's,
Exclusively Listed By
Listing Price: $1,800,000
Investment Highlights
- Double Net (NN) Dollar General With Some Landlord Responsibilities Located on A Heavily Trafficked Section of State Street with More Than 23,000 Vehicles Per Day
- Subject Property Has Leaseable Space for a Growing Businesses, with a Hair & Skin Care Studio and Gym Currently Occupying the Building, as well as Livable Space Above for Housing Opportunity
- Subject Property is Located Near a Host of the Most Successful National Retailers Including Lowe's, Mavis Discount Tire, Dollar Tree, Burger King, Harbor Freight Tools, AutoZone , Arby's, McDonald's,
Investment Overview
This property features a Dollar General store with additional building and land, offering a current net operating income of $59,884. Situated on a high-traffic section of State Street with over 23,000 vehicles passing by daily, the location provides excellent visibility for businesses. With Dollar General as the anchor tenant, enjoy passive income and corporate guarantee, ensuring a secure investment. The lease includes 3 years remaining on the base term with rent increases built in to combat inflation. Positioned in the heart of Herkimer Village, the property is surrounded by a thriving retail corridor, neighboring well-known national brands like Lowe’s and McDonald’s. Take advantage of the strategic location and the growth potential in this historic community, just 15 miles southeast of Utica, NY.
Exclusively Listed By
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