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Dollar General 518 State Route 13 9,180 SF Retail Building Williamstown, NY 13493 $1,240,607 CAD ($135.14 CAD/SF) 8.20% Cap Rate
Investment Highlights
- Recently Assumed & Extended by Dollar General: Dollar General assumed the former Family Dollar lease and extended the lease term
- Located Near Major Local Employer: Positioned near International Wire Group, one of Williamstown’s key employers and economic drivers
- Limited Dollar Store Competition: No competing dollar store locations within an approximately 8-mile radius
- Attractive Rent Increase During Initial Term: 6.25% rental increase beginning September 1, 2030, providing built-in income growth
- Double-Net (NN) Lease Structure: Tenant is responsible for all property expenses except roof and structure
- Modern Construction: Subject property was constructed in 2020, offering investors a newer-generation retail asset
Executive Summary
Recently Assumed & Extended by Dollar General: Dollar General assumed the former Family Dollar lease and extended the lease term, demonstrating a long-term commitment to the location and strengthening the investment profile with a leading national discount retailer
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Convenience Store
Building Size
9,180 SF
Building Class
C
Year Built
2020
Price
$1,240,607 CAD
Price Per SF
$135.14 CAD
Cap Rate
8.20%
NOI
$101,730 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
1.96 AC
Zoning
01
Frontage
221’ on Cox Road
Somewhat walkable
20/100
Exceptionally drivable
100/100
Not bikeable
10/100
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Dollar General | 518 State Route 13
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