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Dollar General

126 Cayuga St, Fulton, NY 13069

Listing Price: $735,000

Cap Rate
7.65%
Tenant Name
Dollar General
Years Remaining On Lease
4.5
Guarantor
Corporate Guarantee
Rentable SF
9,720
Lease Type
Double Net
Rent Per Square Feet
$5.99

Investment Overview

The subject property is an all brick building attached to a mixed-use strip center. There are currently 5.5 years remaining on the lease term due to a recent extension offered and exercised by tenant. There are two, five year options remaining with 7% rental increases. Tenant fully reimburses for taxes and insurance. The parking is handled by the city so there is no landlord responsibility associated.

Investment Highlights

  • NN Lease with 5.5 Years Remaining
  • Recent Extension Included a 5% Rental Increase
  • More Than 9,300 People Within One Mile

Exclusively Listed By

Discount

Dollar General

Listing Price: $735,000

Cap Rate
7.65%
Tenant Name
Dollar General
Years Remaining On Lease
4.5
Guarantor
Corporate Guarantee
Rentable SF
9,720
Lease Type
Double Net
Rent Per Square Feet
$5.99

Investment Highlights

  • NN Lease with 5.5 Years Remaining
  • Recent Extension Included a 5% Rental Increase
  • More Than 9,300 People Within One Mile

Investment Overview

The subject property is an all brick building attached to a mixed-use strip center. There are currently 5.5 years remaining on the lease term due to a recent extension offered and exercised by tenant. There are two, five year options remaining with 7% rental increases. Tenant fully reimburses for taxes and insurance. The parking is handled by the city so there is no landlord responsibility associated.

Exclusively Listed By

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