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41 W Main St
Fonda, NY 12068
Dollar General · Retail Property For Sale


Investment Highlights
- Long Term Tenant
- Operating Expense Protection
- Strategic Location
- Attractive Rent Increases
- Investment Grade Credit
- Recession Resistant Tenant
Executive Summary
Horvath & Tremblay is pleased to present the exclusive opportunity to purchase a freestanding Dollar General investment property located at 41 W Main Street in Fonda, New York (the “Property”). Dollar General has been at this location since 2005 and has exercised several renewals demonstrating their commitment to the site and the market. Dollar General has 4+ years remaining on their lease with one (1), 5-year renewal option remaining. The lease calls for an attractive 9.6% rent increase at the start of the renewal option. The Property is strategically situated along W. Main Street (NY Route 5), Fonda’s primary retail and commuter artery, providing strong visibility and accessibility within the market. Dollar General occupies a central in-town location, benefiting from proximity to key demand drivers including area schools, the Fonda Fairgrounds, Fonda Speedway, established residential neighborhoods, local retailers and restaurants, and nearby industrial and manufacturing employers. The site offers excellent regional connectivity with convenient access to NY Routes 30A, 334, 31, 5S, and 116, and is located approximately 1.6 miles from Interstate 90 (New York State Thruway). This strategic positioning supports consistent consumer traffic and efficient access throughout the broader Mohawk Valley region. Fonda is situated along the south bank of the Mohawk River, approximately 40 miles northwest of Albany and about 20 miles west of Schenectady, providing access to larger employment centers while maintaining a distinctly small-town character.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
8,125 SF
Building Class
C
Year Built
2005
Price
$1,041,352 CAD
Price Per SF
$128.17 CAD
Cap Rate
8.21%
NOI
$85,500 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.39
Lot Size
0.48 AC
Zoning
05
Frontage
203’ on Main St
Amenities
- Pylon Sign
- Signage
Property Taxes
| Parcel Number | 273201-035-011-0002-043-000-0000 | Improvements Assessment | $539,585 CAD |
| Land Assessment | $111,260 CAD | Total Assessment | $650,845 CAD |
Property Taxes
Parcel Number
273201-035-011-0002-043-000-0000
Land Assessment
$111,260 CAD
Improvements Assessment
$539,585 CAD
Total Assessment
$650,845 CAD
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