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Dollar General | Norwich, NY 6192 State Highway 12 9,026 SF Retail Building Norwich, NY 13815 $1,597,714 ($177.01/SF) 7% Cap Rate
INVESTMENT HIGHLIGHTS
- Dollar General covers all taxes, insurance, and maintenance for fully passive ownership.
- 15-year absolute NNN lease through June 2036 with three 5-year options and 10% rent increases.
- Serves as a key retail destination in Norwich, NY, with stable local demand.
- Corporately guaranteed by Dollar General (NYSE: DG), rated BBB with $40B+ in 2024 revenue and 20,000+ stores.
- Located along State Highway 12 (14,280 VPD) near I-88, offering strong regional connectivity.
- Close to UHS Chenango Memorial Hospital, schools, and Norwich’s main retail corridor.
EXECUTIVE SUMMARY
PROPERTY FACTS
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
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- Retailer
- -
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- Jun 2036
DG is proud to be America’s neighborhood general store. They strive to make shopping hassle-free and affordable with convenient, easy-to-shop stores all across the states. DG's stores deliver everyday low prices on items including food, snacks, health and beauty aids, cleaning supplies, basic apparel, housewares, seasonal items, paper products and much more from America’s most-trusted brands and products, along with high-quality private brands. From serving their customers with value and convenience and their employees with career opportunities to serving the communities they call home through literacy and education, Dollar General has been committed to its mission of Serving Others since the company’s founding in 1939.
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Retailer | - | - | Jun 2036 |
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Dollar General | Norwich, NY | 6192 State Highway 12
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