4201 Carmen Rd | Middleport, NY 14105
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4201 Carmen Rd
Middleport, NY 14105
Dollar General · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Long-Term Lease – Built in 2015, this site offers a long-term lease, with 8.5 years remaining on the base term
- Rental Increases – Attractive and rare upcoming three percent (3%) rental increase in the base term and ten percent (10%) in the 3, 5-year options
- On Hwy 31 – Strategically located on Hwy 31, the East-West connector between Niagra Falls and Rochester
- Strong Corporate Guaranty – Dollar General Corporation (NYSE: DG) carries an investment-grade credit rating of BBB (S&P) and a $55 Billion market cap
- Zero Landlord Responsibility – Absolute NNN Lease offering a secure and passive stream of income
- E-Commerce/Recession Proof – Unlike many other retailers, Dollar General continues to be a community staple, offering their “everyday low prices”
PROPERTY FACTS
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,100 SF
Building Class
C
Year Built
2015
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
1.35 AC
Zoning
P 00
Frontage
270’ on Carmen Rd
PROPERTY TAXES
| Parcel Number | 293689-085-000-0003-013-012 | Improvements Assessment | $281,200 |
| Land Assessment | $19,800 | Total Assessment | $301,000 |
PROPERTY TAXES
Parcel Number
293689-085-000-0003-013-012
Land Assessment
$19,800
Improvements Assessment
$281,200
Total Assessment
$301,000
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