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Family Dollar 518 State Route 13 9,180 SF Retail Building Williamstown, NY 13493 $864,000 ($94.12/SF) 8.50% Cap Rate
Investment Highlights
- Double-Net (NN) Lease Structure – Tenant responsible for all expenses except roof and structure
- Modern Construction: Subject property was built in 2020
- Built-In Rent Growth – 5% increases every 5 years during option periods
- Zero Competition: No Dollar Store Competition within an 8- mile radius
- Strong Guarantee: Corporate Guarantee from Family Dollar Stores, Inc.
- Strategic Regional Location: Positioned within 50 miles South of Syracuse
Executive Summary
Double-Net (NN) Lease Structure – Tenant responsible for all expenses except roof and structure
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Convenience Store
Building Size
9,180 SF
Building Class
C
Year Built
2020
Price
$864,000
Price Per SF
$94.12
Cap Rate
8.50%
NOI
$73,440
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
1.96 AC
Zoning
01
Frontage
221’ on Cox Road
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Family Dollar | 518 State Route 13
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