5280 Route 9W - Freestanding FOR SALE


Newburgh, NY 12550
$1,849,433 USD
402-413-8527
5280 Route 9W, Newburgh, NY for Sale
$1,849,433 USD
Freestanding - FOR SALE
1/1
null | 6.84% Cap Rate

5280 Route 9W
Newburgh, NY 12550


HIGHLIGHTS

  • 11.5+ YEARS ABSOLUTE NNN: Four 5-Yr Renewal Options. 10% Rent Increase Each Option
  • ROBUST TRAFFIC & HIGH-DENSITY POPULATION: 19K Vehicles Per Day In Front Of DG Store. 97,000+ 5-Mile Population
  • HUDSON VALLEY’S MOST CONNECTED REGIONAL ECONOMIES: Access to US-9W, I-84, I-87 and New York Stewart International Airport
  • NEARBY TESLA AUTOMOTIVE PARTS DISTRIBUTION HUB: 927,000 Sq Ft. Facility Reinforces Newburgh’s Position as Logistics & Distribution Hub
  • NATIONAL INVESTMENT-GRADE TENANT [NYSE:DG]: $42.7B Revenue. S&P Investment Grade BBB. Corporate Guaranteed Lease

OVERVIEW

TOUCHSTONE COMMERCIAL PARTNERS is pleased to present the opportunity to acquire a Dollar General located in Newburgh, New York. The offering features an absolute triple-net lease with zero landlord responsibilities, providing an ideal solution for 1031 exchange buyers and passive-income investors. The lease extends through November 2037 and includes four 5-year renewal options, each with a 10% rent increase. The lease is backed by Dollar General Corporation, one of the nation’s leading value retailers, with more than 21,000 stores nationwide and a BBB investment-grade credit rating from S&P. Newburgh is located in Orange County, one of the Hudson Valley’s most connected regional economies, with access to US-9W, I-84, I-87, and New York Stewart International Airport. Orange County supports a labor pool of more than 560,000 people across the Hudson Valley, northern New Jersey, and northeastern Pennsylvania, while generating approximately $27.75 billion in annual GDP. Major regional employers include Amazon Distribution, Garnet Health, Medline Industries, Tesla Distribution, Home Depot Distribution, Verla International, and LEGOLAND New York Resort. Newburgh is also benefiting from a growing redevelopment pipeline, with projects representing $188 million in private investments, 282 new residential units, 117,167 square feet of commercial space, and an estimated $360 million in cumulative local economic impact in 2025. Broker of Record: Brian Brockman, Bang Realty-New York Inc., Lic #10311208985

FOR SALE DETAILS

PRICE

$1,849,433 USD

PRICE/SF

$203 USD /SF

CAP RATE

6.84%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General NY / High Growth Region

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Fast Food, Restaurant, Supermarket

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2022

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.16 AC

LAND SF

94,090 SF

ZONING

-

APN/PARCEL ID

334600-024-000-0004-001.120-0000

ASK ABOUT THIS PROPERTY

Andrew VuTouchstone Commercial Partners, Inc.More Info
402-413-8527

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Andrew VuTouchstone Commercial Partners, Inc.More Info
402-413-8527

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