Dollar General
1809 Sh 345, Madrid, NY 13660

Pricing
Financials- Price
- $1,080,147
- Cap Rate
- 7.50%
- NOI
- $81,011
Property Details
Specs- Building Size
- ±59,242 SF
- Year Built
- 2019
- Land Area
- ±0.17 AC (7,489 SF)
- Property Type
- Retail
Description
ABSOLUTE NNN LEASE STRUCTURE
Tenant operates under an absolute NNN lease with no landlord responsibilities whatsoever, insulating a buyer from potential increases in capital expenditures and operating expenses.
DURABLE CASH FLOW AND FIXED RENT INCREASES
With approximately 9 years remaining on the lease, and 10% rent increases every Option, this provides a future owner with additional cash flow and return on investment, along with a protection against inflation.
LIMITED COMPETITION
Dollar General benefits from limited competition with the nearest national retailer being over 8 miles away.
CORPORATE GUARANTEED BY DOLLAR GENERAL CORPORATION
Dollar General is an investment-grade tenant with an S&P credit rating of BBB. Dollar General has over 20,000 locations and plans on continued expansion of 450 new stores in 2026 as well as 4,250 store remodels in the same year.
E-COMMERCE AND RECESSION-RESISTANT TENANT
Dollar Store properties are extremely sought-after investments for their resistance to downturns in the economy and e-commerce trends that affect traditional retail properties.





