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Top 1% Nationally Ranked Dollar General 575 Broad St 9,100 SF Retail Building Waverly, NY 14892 $857,142 ($94.19/SF) 7% Cap Rate



Investment Highlights
- Top National Ranking: The store is ranked within the top 1% of Dollar General locations across the United States
- High Traffic Location: Situated strategically off I86, the location benefits from significant exposure with a traffic count of 17,460 vehicles.
- Secure Market Position: With minimal competition in the grocery sector within its vicinity, Dollar General enjoys a secure market position.
- Advantageous Lease Terms: The property features very low replaceable rent, offering a cost-effective leasing option that is difficult to replicate.
Executive Summary
The Twist Capital Team of Colliers is pleased to offer for sale to qualified investors an enticing opportunity in the acquisition of this top-performing Dollar General (Store #6065) located in Waverly, New York. This property represents a stable and lucrative investment option in the commercial real estate sector, offering reliable income streams and potential for long-term capital appreciation.
This 9,100 sf freestanding building was constructed in 2003 and is situated on one acre. The building is in good condition, reflecting Dollar General’s commitment to maintaining their properties to high standards. Their long-term lease provides a secure income stream for investors.
Situated in Waverly, New York, the property enjoys a prime location with high visibility and accessibility, contributing to steady foot traffic. The town boasts a stable and growing economy, with a diverse
demographic profile, making it an ideal location for retail businesses like Dollar General. The property benefits from limited competition in the area, enhancing its position as a preferred shopping destination for residents.
The long-term lease agreement with Dollar General ensures a stable and predictable income stream for investors as Dollar General provides a reliable and creditworthy tenant. The property’s strategic location offers potential for long-term value appreciation, making it an attractive investment option.
This 9,100 sf freestanding building was constructed in 2003 and is situated on one acre. The building is in good condition, reflecting Dollar General’s commitment to maintaining their properties to high standards. Their long-term lease provides a secure income stream for investors.
Situated in Waverly, New York, the property enjoys a prime location with high visibility and accessibility, contributing to steady foot traffic. The town boasts a stable and growing economy, with a diverse
demographic profile, making it an ideal location for retail businesses like Dollar General. The property benefits from limited competition in the area, enhancing its position as a preferred shopping destination for residents.
The long-term lease agreement with Dollar General ensures a stable and predictable income stream for investors as Dollar General provides a reliable and creditworthy tenant. The property’s strategic location offers potential for long-term value appreciation, making it an attractive investment option.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,100 SF
Building Class
B
Year Built
2000
Price
$857,142
Price Per SF
$94.19
Cap Rate
7%
NOI
$60,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.21
Lot Size
1.00 AC
Zoning
03
Frontage
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Retailer
- -
- -
- -
Dollar General is a national discount retailer operating multiple neighborhood-scale stores throughout New Port Richey, Florida. The Massachusetts Avenue location serves surrounding residential neighborhoods with a broad assortment of everyday necessities at low price points. The store offers groceries, snacks, health and beauty products, cleaning supplies, basic apparel, paper goods, seasonal items, and private-label merchandise.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
Retailer | - | - | - |
Nearby Major Retailers
Property Taxes
| Parcel Number | 492001-166-020-0001-027-000-0000 | Improvements Assessment | $430,000 |
| Land Assessment | $19,700 | Total Assessment | $449,700 |
Property Taxes
Parcel Number
492001-166-020-0001-027-000-0000
Land Assessment
$19,700
Improvements Assessment
$430,000
Total Assessment
$449,700
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Top 1% Nationally Ranked Dollar General | 575 Broad St
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