518 State Route 13 - Convenience Store FOR SALE
Williamstown, NY 13493 |
$895,609 USD
248-702-0288
518 State Route 13
Williamstown, NY 13493
HIGHLIGHTS
- Recently Assumed & Extended by Dollar General: Dollar General assumed the former Family Dollar lease and extended the lease term
- Attractive Rent Increase During Initial Term: 6.25% rental increase beginning September 1, 2030, providing built-in income growth
- Located Near Major Local Employer: Positioned near International Wire Group, one of Williamstown’s key employers and economic drivers
- Double-Net (NN) Lease Structure: Tenant is responsible for all property expenses except roof and structure
- Limited Dollar Store Competition: No competing dollar store locations within an approximately 8-mile radius
- Modern Construction: Subject property was constructed in 2020, offering investors a newer-generation retail asset
FOR SALE DETAILS
PRICE
$895,609 USD
PRICE/SF
$98 USD /SF
CAP RATE
8.2%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Dollar General
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Convenience Store
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2020
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1.96 AC
LAND SF
85,378 SF
ZONING
01
APN/PARCEL ID
356200-160-003-0004-010-000-0000
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248-702-0288
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248-702-0288
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