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1408 Dryden Rd
Freeville, NY 13068
Dollar General · Retail Property For Sale
Investment Highlights
- Absolute NNN Lease: Zero landlord responsibilities making this the perfect investment for investors looking for long-term, passive income.
- Over 12 Years Remaining on the Lease: Making this opportunity a perfect long-term stabilized asset with a guaranteed income stream.
- Five, 5-Year Options: Giving Dollar General option to extend lease until 2061, with 10% increase in each option period.
- Corporate Guarantee: Lease is guaranteed by Dollar General Corporation, a Fortune 500 company with investment grade credit of BBB (S&P).
- Option to Assume Loan with 4.04% Interest Rate: Providing built-in financing at a rate that beats the current debt market by over 200 basis points.
- Upgraded construction: Corner Entry site with windows and facade wrap.
Property Facts
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,002 SF
Building Class
C
Year Built
2020
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
1.97 AC
Zoning
COMMERCIAL BUILDING
Parking
28 Spaces (3.11 Spaces per 1,000 SF Leased)
Frontage
156’ on Dryden Road
Property Taxes
| Parcel Number | 502489-052-000-0001-008-001-0000 | Improvements Assessment | $450,000 |
| Land Assessment | $150,000 | Total Assessment | $600,000 |
Property Taxes
Parcel Number
502489-052-000-0001-008-001-0000
Land Assessment
$150,000
Improvements Assessment
$450,000
Total Assessment
$600,000
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