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324 NY-43
Stephentown, NY 12168

$1,627,229 USD

Storefront For Sale  •  9,166 SF

Property Details

  • Property Type Storefront
  • Total Building Size 9,166 SF
  • Lot Size 1.69 AC
  • Building Class B
  • Year Built 2020
  • Cap Rate 6.75 %
  • Tenancy Single
  • Zoning RR
0 Transit Score
31 Walk Score

Highlights

Dollar General Corporation is rated “BBB” by S&P and has a proven track record of success
The absence of significant competition in the grocery market ensures stable sales for Dollar General
Absolute NNN 15-year lease provides stable income
10% rental increases in each of the four 5-year options
10% rental increases in each of the four 5-year options

Property Flyers

Cap Rate: 6.75 %

Major Tenants

Tenant SF Occupied Lease End Date
Dollar General

Public Transportation

AirportDriveWalkDistance
Albany International 52 min - 30.5 mi
Christopher Twist 561-602-8390 Colliers
Christopher Twist 561-602-8390 Colliers