51 N Main St - Freestanding FOR SALE


Sherburne, NY 13460
$1,448,000 USD
415-852-5177
51 N Main St, Sherburne, NY for Sale
$1,448,000 USD
Freestanding - FOR SALE
1/7
null | 8.15% Cap Rate

51 N Main St
Sherburne, NY 13460


HIGHLIGHTS

  • New long-term net lease to Dollar General, a major national tenant with over 20,000 locations nationwide.
  • Dollar General is an investment grade tenant (BBB-/Baa3 rated).
  • Net lease requires minimal landlord management, ideal for both local and out-of-area investors.
  • Lease is guaranteed by Dollar General Corporation (NYSE: “DG”), with over $42 billion in 2025 revenue – a very strong corporate guarantee.
  • Dollar General’s same-store sales saw an approximate 2% increase in 2025, with customer traffic and average transaction amounts contributing to the gr
  • Dollar General plans significant expansion in 2026, including opening approximately 450 new stores in the U.S. and up to 10 in Mexico.

OVERVIEW

This Dollar General property offers investors a rare opportunity to acquire a high-performing net lease asset backed by a corporate guarantee from Dollar General Corporation (NYSE: DG). The retailer has demonstrated consistent growth with over $42 billion in revenue reported for 2025, ensuring stable income and reduced risk. Positioned along North Main Street at the convergence of State Routes 80, 12, and 12B, the site benefits from optimal accessibility and visibility, with more than 8,500 vehicles passing daily. The store’s location as the sole Dollar retailer in Sherburne secures a strong customer base and entrenches the property within the local community retail network. The surrounding trade area demonstrates strong and growing demographics, with an average household income of $83,505 within five miles and projections to exceed $89,600 by 2030. This continuous income growth trend supports long-term sustainability and value appreciation for the asset. The 1.79-acre parcel also offers convenient ingress/egress and ample parking capability, enhancing site functionality for the tenant and customers alike. This investment aligns with both steady income objectives and market appreciation strategies, offering reliable cash flow in a growing region.

FOR SALE DETAILS

PRICE

$1,448,000 USD

PRICE/SF

$161 USD /SF

CAP RATE

8.15%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General | Proven Sales

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1973

SPRINKLERS

-

PARKING SPACES

22

LAND DETAILS

LAND ACRES

1.79 AC

LAND SF

77,972 SF

ZONING

-

APN/PARCEL ID

085603-044-160-0002-002-000-0000

ASK ABOUT THIS PROPERTY

Michael YurasCushman & WakefieldMore Info
415-852-5177

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Michael YurasCushman & WakefieldMore Info
415-852-5177

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.