1350 Main St
New Milford, PA 18834
Dollar General · Retail Property For Sale

The subject investment property is situated on Main Street, which experiences an average daily traffic count of 6,100 vehicles. Immediately adjacent to Main Street is Interstate 81, which experiences an average daily traffic count of 25,000 vehicles. There are approximately 3,850 people within a five-mile radius and 20,018 people within a ten-mile radius. This Dollar General is well-positioned in a suburban throughway consisting of national and local tenants, medical centers, automotive care, and local banks. National and local tenants in the area include: NBT Bank, United States Postal Service, Nationwide Insurance, Gordon’s Engine Services, Barnes-Kason Health Center and many more. This Dollar General benefits from nearby academic institutions. The Blue Ridge School District is four miles away from the subject property and has a total enrollment exceeding 1,000 students. The subject property also benefits from nearby hospitals. Barnes Kason Hospital and Our Lady of Lourdes Memorial Hospital are both within a four-mile radius of the property and have a combined bed count of 359 beds. New Milford is located 26 miles south of Binghamton, New York. Binghamton is the principal city and cultural center of the Binghamton metropolitan area, home to a quarter million people. In the days of the railroad, the city was a transportation crossroads and a manufacturing center, and has been known at different times for the production of cigars, shoes, and computers. IBM was founded nearby, and the flight simulator was invented in the city, leading to a notable concentration of electronics- and defense-oriented firms. This sustained economic prosperity earned Binghamton the moniker of the Valley of Opportunity. Today, there is a continued concentration of high-tech firms, Binghamton is emerging as a healthcare and education focused city, with the presence of Binghamton University acting as much of the driving force behind this revitalization. There is also a large presence of food services and distribution companies in Binghamton. Both Maines Paper & Food Service and Willow Run Foods are headquartered in the region, and are two of the largest food distributors in the country, servicing a large region of restaurants and chains throughout the United States. Crowley Foods, a subsidiary of HP Hood, maintains their headquarters in Binghamton and Frito-Lay has a large plant in the region. The development of large student housing projects has resulted in a resurgence of restaurants and service-oriented business downtown.