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5720 State Route 19A 9,100 SF Retail Building Castile, NY 14427 $1,275,000 ($140.11/SF) 7.28% Cap Rate
Investment Highlights
- Absolute NNN Lease with No Landlord Responsibilities
- Multiple Ingress/Egress Points Along NY-19
- Captive Small-Market Trade Area with Limited Retail Alternatives
- Located on a Large 2.20 Acre Lot
- Gateway to Letchworth State Park — Nominated Best State Park in the Country by USA Today 2025
- ±6.5 Years Remaining on Original 15-Year Lease | Five 5-Year Options with 10% Rent Bumps
Executive Summary
AMC Real Estate Investment Services presents an absolute NNN Dollar General at 5720 NY-19, Castile, NY — the gateway community to Letchworth State Park, nominated Best State Park in the Country by USA Today 2025. Built in 2017, the 9,100 SF freestanding building sits on a large 2.20 acre lot along NY-19, the primary commercial corridor through Castile, with multiple ingress/egress points and strong frontage. The property serves a captive small-market trade area with limited retail alternatives, supporting consistent daily-needs consumer demand. With ±6.5 years remaining on the original 15-year corporate lease and five 5-year renewal options each carrying 10% rent bumps, this offering delivers long-term, passive income backed by one of America's most credit-worthy investment-grade retailers.
Property Facts
Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,100 SF
Building Class
B
Year Built
2017
Price
$1,275,000
Price Per SF
$140.11
Cap Rate
7.28%
NOI
$92,812
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
2.20 AC
Zoning
Commercial
Parking
31 Spaces (3.41 Spaces per 1,000 SF Leased)
Amenities
- Pylon Sign
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Retailer
- -
-
$9.99
-
Lorem Ipsum
-
Jan 0000
Dollar General began in 1939 as a wholesale venture and later opened its first store in 1955, growing into a discount retail business focused on everyday essentials. The company sells food, snacks, health and beauty aids, cleaning supplies, basic apparel, housewares, paper products, and seasonal items, and it also offers products online. Dollar General operates as a broad neighborhood retail chain with a presence across the United States and Mexico, serving shoppers through convenient store formats and an e-commerce channel.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Retailer | - | $9.99 | Lorem Ipsum | Jan 0000 |
Somewhat walkable
20/100
Exceptionally drivable
100/100
Limited public transit
30/100
Property Taxes
| Parcel Number | 562601 147.10-1-28.2 | Improvements Assessment | $400,000 |
| Land Assessment | $95,000 | Total Assessment | $495,000 |
Property Taxes
Parcel Number
562601 147.10-1-28.2
Land Assessment
$95,000
Improvements Assessment
$400,000
Total Assessment
$495,000
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5720 State Route 19A
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