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Dollar General Portfolio sale 1035 US Route 209 9,224 SF Retail Building Cuddebackville, NY 12729 $2,009,359 CAD ($217.84 CAD/SF) 7.50% Cap Rate
Investment Highlights
- EXCELLENT 1031TD PORTFOLIO for approx $3 mill
Executive Summary
SOLD AS PACKAGE WITH DOLLAR GENERAL STORE LOCATED AT
1200 HIGHLAND AVE. CHESTER , PA 19103- $ 1,532,693
6 YEARS ABSOLUTE NNN LEASE WITH FOUR 5 YEARS OPTIONS
Investement grade tenant
Corporate guarantee
Frontage on interstate
1200 HIGHLAND AVE. CHESTER , PA 19103- $ 1,532,693
6 YEARS ABSOLUTE NNN LEASE WITH FOUR 5 YEARS OPTIONS
Investement grade tenant
Corporate guarantee
Frontage on interstate
Property Facts
Sale Type
Investment NNN
Sale Condition
Bulk/Portfolio Sale
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,224 SF
Building Class
B
Year Built
2017
Price
$2,009,359 CAD
Price Per SF
$217.84 CAD
Cap Rate
7.50%
NOI
$150,702 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
1.80 AC
Parking
33 Spaces (3.58 Spaces per 1,000 SF Leased)
Frontage
170’ on U.S. 209
Property Taxes
| Parcel Number | 332800-022-000-0001-042.000-0000 | Improvements Assessment | $1,137,219 CAD |
| Land Assessment | $48,971 CAD | Total Assessment | $1,186,190 CAD |
Property Taxes
Parcel Number
332800-022-000-0001-042.000-0000
Land Assessment
$48,971 CAD
Improvements Assessment
$1,137,219 CAD
Total Assessment
$1,186,190 CAD
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Dollar General Portfolio sale | 1035 US Route 209
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