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Off Market
1/4

1809 State Route 345
Madrid, NY 13660


HIGHLIGHTS

  • Dollar General Corporation (NYSE: DG) is the nation’s largest “small box” discount retailer, operating over 16,368 stores in 45 states as of February
  • The company plans to open approximately 1,000 new stores, remodel 1,500 stores, and relocate 80 stores in 2020.
  • In 2019 Dollar General opened 975 new stores, remodel 1,024 stores, and relocate 100 stores in 2019 for a total of 2,075 real estate projects.
  • In 2018 Dollar General opened over 750 new stores, remodeled over 925 stores, and relocated approximately 100 stores.
  • Based in Goodlettsville, Tennessee, the company was founded in 1939 and has weathered 12 technical recessions
  • Moody’s recently upgraded Dollar General Corporation’s credit rating from Baa3 to Baa2 on June 1, 2016.

OVERVIEW

Madrid, is a town in St. Lawrence County, New York. The town is located in northern New York along the Canadian border. The Adirondack Mountains lie to the east, the Thousand Islands region to the south, and the St. Lawrence River to the northwest. The subject property is located at the intersections of SR 310 and SR 345, the main thoroughfare between Waddington, NY and Potsdam, NY. Saint Lawrence County is home to St. Lawrence University, State University of New York at Potsdam, Clarkson University, and the State University of New York at Canton

FOR SALE DETAILS

PRICE

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CAP RATE

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% LEASED

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TENANCY

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BUILDING DETAILS

PROPERTY NAME

Dollar General

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Convenience Store, Supermarket, Department Store

TOTAL BUILDING SIZE

7512

STORIES

1

YEAR BUILT

2019

SPRINKLERS

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PARKING SPACES

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LAND DETAILS

LAND ACRES

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LAND SF

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ZONING

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APN/PARCEL ID

405600 41.078-1-10