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5720 State Route 19A 9 100 pi² Commerce de détail Immeuble Castile, NY 14427 1 811 660 $ CAD (199,08 $ CAD/pi²) 7,28% Taux de capitalisation

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Faits saillants de l'investissement

Absolute NNN Lease with No Landlord Responsibilities
Multiple Ingress/Egress Points Along NY-19
Captive Small-Market Trade Area with Limited Retail Alternatives

Located on a Large 2.20 Acre Lot
Gateway to Letchworth State Park — Nominated Best State Park in the Country by USA Today 2025
±6.5 Years Remaining on Original 15-Year Lease | Five 5-Year Options with 10% Rent Bumps

Résumé de l'annonce

AMC Real Estate Investment Services presents an absolute NNN Dollar General at 5720 NY-19, Castile, NY — the gateway community to Letchworth State Park, nominated Best State Park in the Country by USA Today 2025. Built in 2017, the 9,100 SF freestanding building sits on a large 2.20 acre lot along NY-19, the primary commercial corridor through Castile, with multiple ingress/egress points and strong frontage. The property serves a captive small-market trade area with limited retail alternatives, supporting consistent daily-needs consumer demand. With ±6.5 years remaining on the original 15-year corporate lease and five 5-year renewal options each carrying 10% rent bumps, this offering delivers long-term, passive income backed by one of America's most credit-worthy investment-grade retailers.

Offering Memorandum

Faits sur la propriété

Type de vente

Investissement

Condition de vente

1031 Échange

Type de propriété

Commerce de détail

Sous-type de propriété

Immeuble de commerce

Taille du bâtiment

9 100 pi²

Classe d’immeuble

Année de construction

2017

Prix

1 811 660 $ CAD

Prix par pi²

199,08 $ CAD

Taux de capitalisation

7,28%

Revenu net d’exploitation

131 877 $ CAD

Location

Unique

Hauteur du bâtiment

1 étage

Coefficient d’occupation des sols de l’immeuble

0,09

Taille du lot

2,20 AC

Zonage

Commercial

Stationnement

31 places (3,41 places par 1 000 pi² loué)

Enseigne sur pylône

Détaillant
-
$9.99
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Dollar General began in 1939 as J.L. Turner and Son Wholesale Company, a dry-goods business started by J.L. Turner and Cal Turner Sr., and the first Dollar General store opened in the mid-1950s. The company operates a discount retail model through Dollar General, DG Market, DGX, and pOpshelf formats, serving customers with food, health and wellness products, cleaning and laundry supplies, self-care and beauty items, seasonal décor, private brands, and national labels. Dollar General supports online shopping and positions itself around affordable everyday goods and community-focused services.