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1133 State Route 22 15,103 SF 100% Leased Retail Building Cambridge, NY 12816 $1,025,000 ($67.87/SF) 7.60% Cap Rate

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Investment Highlights

  • New paved parking Lot
  • New Parking lot lighting

Executive Summary

This well-maintained 15,103 square foot commercial building presents a lucrative investment opportunity with a long-term lease to a nationally recognized tenant, Dollar General. The property is offered at an attractive 8% capitalization rate. Located on a sprawling 5-acre lot, the property features a newly paved parking lot and upgraded lighting, ensuring a welcoming and safe environment for customers and tenants alike.Dollar General has been the anchor tenant since 2006, occupying 81% of the building. The remaining 19% is leased as storage space to another tenant, providing additional, stable rental income.The lease is structured as a Triple Net (NNN) lease, The property is offered at an attractive 7.6% capitalization rate delivering strong returns on investment.

Data Room Click Here to Access

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront
Building Size
15,103 SF
Building Class
B
Year Built
1980
Price
$1,025,000
Price Per SF
$67.87
Cap Rate
7.60%
NOI
$77,900
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
2 Exterior
Building FAR
0.07
Lot Size
5.00 AC
Zoning
Commercial
Parking
50 Spaces (3.31 Spaces per 1,000 SF Leased)
Frontage
133’ on State Route 22

Amenities

  • Air Conditioning

Major Tenants Click Here to Access

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Retailer
  • 99,999 SF
  • $9.99
  • Lorem Ipsum
  • Jan 0000

DG is proud to be America’s neighborhood general store. They strive to make shopping hassle-free and affordable with convenient, easy-to-shop stores all across the states. DG's stores deliver everyday low prices on items including food, snacks, health and beauty aids, cleaning supplies, basic apparel, housewares, seasonal items, paper products and much more from America’s most-trusted brands and products, along with high-quality private brands. From serving their customers with value and convenience and their employees with career opportunities to serving the communities they call home through literacy and education, Dollar General has been committed to its mission of Serving Others since the company’s founding in 1939.

Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Retailer 99,999 SF $9.99 Lorem Ipsum Jan 0000

Property Taxes

Property Taxes

Parcel Number
535089-263-000-0003-004-002-0000
Land Assessment
$36,000
Improvements Assessment
$564,000
Total Assessment
$600,000
  • Listing ID: 39478432

  • Date on Market: 2/18/2026

  • Last Updated:

  • Address: 1133 State Route 22, Cambridge, NY 12816

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