Dollar General NNN Property For Sale — Holland, NY
South Main Street, Holland, NY unknown
This Dollar General property, built in 2014, features a highly durable four-sided concrete block construction. There are ten years remaining on the lease, which includes attractive rental escalations in the eleventh year and throughout the three five-year renewal options. Strategically situated on South Main Street, a primary thoroughfare with high traffic counts (10,390 VPD), the property benefits from limited local retail competition, making it a key shopping destination for area residents. Holland is located approximately thirty miles south of Buffalo, providing a stable regional economic backdrop. Dollar General is an investment-grade tenant (S&P: BBB) with extensive market penetration, operating over 15,000 stores nationwide. This offering represents a secure, long-term net-leased in…
- Address: South Main Street, Holland, NY unknown
- Asking price $1.37M
- 7.25% cap rate
- NOI $99,593
- 2.9 years remaining
- NNN lease
- Year built: 2014
- Building size: 9,105 SF
- Lot size: 1.73 acres
- Lease expiration: Jul 31, 2029
- Rent increases: August 1, 2024; First Option; Second Option; Third Option
- Guarantor: Corporate
Location
This Dollar General property is at South Main Street in Holland, New York.
Asset type: Retail