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Investment Highlights

  • Dollar Tree is on a NN lease with approximately 8 years remaining.
  • This property is located in Mt. Morris, New York, a city located in western New York within Livingston County, 42 miles south of Rochester.
  • 5-mile average household income of $82,755 and population of 7,718.
  • Dollar Tree has S&P Rating of BBB with 9,000+ locations, revenues of $7.5 Billion.
  • Letchworth State Park, located near Mount Morris, New York, attracts nearly 1 million visitors each year.
  • Nearby tenants include McDonald’s, Walgreens, Dunkin, FedEx, Five Star Bank, etc.

Executive Summary

*Tenant has an early termination clause in the lease. If sales are less than $1.1 million during 1/1/2029 - 12/31/2029, the tenant can
terminate the Lease early.

Attachments

CoStar MP

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Drug Store
Building Size
10,752 SF
Building Class
B
Year Built
1996
Price
$1,624,726 CAD
Price Per SF
$151.11 CAD
Cap Rate
7.50%
NOI
$121,854 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
1.98 AC
Opportunity Zone
Yes
Zoning
Commercial - B-3 General & Highway Business District allowing for a variety of uses.
Parking
50 Spaces (4.65 Spaces per 1,000 SF Leased)

Amenities

  • Corner Lot
  • Drive Thru

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Retailer
  • -
  • -
  • -

Dollar Tree aime entendre les clients. C'est alors que les clients savent que Dollar Tree a bien fait le travail ! Dollar Tree a travaillé fort pour créer un environnement où le magasinage est amusant... un endroit où les clients peuvent découvrir de nouveaux trésors chaque semaine... un magasin où des familles entières peuvent profiter de la chasse pour ce quelque chose de spécial. Chaque magasin Dollar Tree est lumineux et bien éclairé, propre et bien organisé, et rempli de trésors cachés sans fin ! Tout aussi important, Dollar Tree continue d'offrir aux clients les produits dont nous avons besoin à des valeurs extrêmes ! Dollar Tree propose un vaste mélange passionnant de marchandises qui comprend de nombreuses marques nationales et régionales fiables.

Tenant Industry SF Occupied Rent/SF Lease End
Retailer - - -
Somewhat walkable
30/100
Exceptionally drivable
100/100
Minimal public transit
10/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Number
243601-106-015-0001-071-001-0000
Land Assessment
$108,270 CAD
Improvements Assessment
$1,129,047 CAD
Total Assessment
$1,237,317 CAD
  • Listing ID: 39291038

  • Date on Market: 2026-02-02

  • Last Updated:

  • Address: 40 East State St, Mount Morris, NY 14510

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