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Dollar General 54 W Main St 9,026 SF Retail Building Brocton, NY 14716 $1,891,912 CAD ($209.61 CAD/SF) 7.50% Cap Rate
Investment Highlights
- Long-Term NNN Lease Structure
- Attractive Rent Basis
- Established National Credit Tenant
- Strategic Small-Town Retail Presence
Executive Summary
Surmount is pleased to present the exclusive listing for a Dollar General located at 54 West Main Street, Brocton, NY 14716. The site consists of roughly 9,026 rentable square feet of building space on an estimated 1.02-acre parcel of land. Dollar General is subject to a 15-year Triple Net (NNN) lease, which commenced 8/17/2015. The current annual rent is $103,338 and has scheduled increases of Variable.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,026 SF
Building Class
B
Year Built
2015
Price
$1,891,912 CAD
Price Per SF
$209.61 CAD
Cap Rate
7.50%
NOI
$141,893 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.20
Lot Size
1.02 AC
Zoning
01
Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 066001-161-008-0001-046-001 | Improvements Assessment | $537,397 CAD |
| Land Assessment | $31,110 CAD | Total Assessment | $568,507 CAD |
Property Taxes
Parcel Number
066001-161-008-0001-046-001
Land Assessment
$31,110 CAD
Improvements Assessment
$537,397 CAD
Total Assessment
$568,507 CAD
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Dollar General | 54 W Main St
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