Dollar General NNN Property For Sale — Friendship, NY
County Road 20, Friendship, NY 14739
This Dollar General property, constructed in 2019, offers a secure investment opportunity with 15 years remaining on an absolute NNN lease. The lease features a corporate guarantee and attractive 10% rent increases during each of the five, five-year option periods, ensuring no landlord responsibilities. Positioned in Friendship, NY, this location benefits from rare block frontage and a significant population within a 10-mile radius, enhanced by its proximity to Coyle Hill State Forest, which helps drive consistent customer traffic.
- Address: County Road 20, Friendship, NY 14739
- Asking price $1.43M
- 6.75% cap rate
- NOI $96,642
- 8.1 years remaining
- NNN lease
- Year built: 2019
- Building size: 9,100 SF
- Lot size: 1.77 acres
- Lease expiration: Sep 30, 2034
- Rent increases: 10% during each option period
- Guarantor: Corporate
Location
This Dollar General property is at County Road 20 in Friendship, New York.
Asset type: Retail