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Dollar General NY / High Growth Region 5280 Route 9W 9,100 SF 100% Leased Retail Building Newburgh, NY 12550 $2,548,778 CAD ($280.09 CAD/SF) 6.84% Cap Rate
Investment Highlights
- 11.5+ YEARS ABOSLUTE NNN: Four 5-Yrs Renewal Options. 10% Rent Increase Each Option.
- HUDSON VALLEY’S MOST CONNECTED REGIONAL ECONOMIES: Access to US-9W, I-84, I-87 and New York Stewart International Airport.
- NATIONAL INVESTMENT-GRADE TENANT [NYSE:DG]: $42.7B Revenue. S&P Investment Grade BBB. Corporate Guaranteed Lease.
- ROBUST TRAFFIC & HIGH-DENSITY POPULATION: 19K Vehicles Per Day In Front Of DG Store. 97,000+ 5-Mile Population.
- NEARBY TESLA AUTOMOTIVE PARTS DISTRIBUTION HUB: 927,000 Sq Ft. Facility Reinforces Newburgh’s Position as Logistics & Distribution Hub.
Executive Summary
Newburgh is located in Orange County, one of the Hudson Valley’s most connected regional economies, with access to US-9W, I-84, I-87, and New York Stewart International Airport. Orange County supports a labor pool of more than 560,000 people across the Hudson Valley, northern New Jersey, and northeastern Pennsylvania, while generating approximately $27.75 billion in annual GDP. Major regional employers include Amazon Distribution, Garnet Health, Medline Industries, Tesla Distribution, Home Depot Distribution, Verla International, and LEGOLAND New York Resort.
Newburgh is also benefiting from a growing redevelopment pipeline, with projects representing $188 million in private investments, 282 new residential units, 117,167 square feet of commercial space, and an estimated $360 million in cumulative local economic impact in 2025.
Broker of Record: Brian Brockman, Bang Realty-New York Inc., Lic #10311208985
Property Facts
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
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- Retailer
- -
- -
- -
DG est fière d'être le magasin général de quartier d'America. Nous nous efforçons de rendre les achats faciles et abordables grâce à des magasins pratiques et faciles à acheter partout aux États-Unis. Les magasins DG offrent tous les jours à bas prix des articles, notamment de la nourriture, des collations, des produits de santé et de beauté, des produits de nettoyage, des vêtements de base, des articles ménagers, des articles saisonniers, des produits en papier et bien plus encore des marques et produits les plus fiables des États-Unis, ainsi que des marques privées de haute qualité. Depuis la fondation de l'entreprise en 1939, Dollar General s'est engagé à servir ses clients avec valeur et commodité, en offrant des possibilités de carrière à ses employés ou en servant les communautés qu'ils considèrent comme leur maison par le biais de l'alphabétisation et de l'éducation.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
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Retailer | - | - | - |
Property Taxes
| Parcel Number | 334600-024-000-0004-001.120-0000 | Improvements Assessment | $476,836 CAD |
| Land Assessment | $67,529 CAD | Total Assessment | $544,365 CAD |
Property Taxes
Presented by
Dollar General NY / High Growth Region | 5280 Route 9W
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