6192 State Highway 12 - Convenience Store FOR SALE
Norwich, NY 13815 |
$1,597,714 USD
215-603-6914
6192 State Highway 12
Norwich, NY 13815
HIGHLIGHTS
- Dollar General covers all taxes, insurance, and maintenance for fully passive ownership.
- Corporately guaranteed by Dollar General (NYSE: DG), rated BBB with $40B+ in 2024 revenue and 20,000+ stores.
- 15-year absolute NNN lease through June 2036 with three 5-year options and 10% rent increases.
- Located along State Highway 12 (14,280 VPD) near I-88, offering strong regional connectivity.
- Serves as a key retail destination in Norwich, NY, with stable local demand.
- Close to UHS Chenango Memorial Hospital, schools, and Norwich’s main retail corridor.
FOR SALE DETAILS
PRICE
$1,597,714 USD
PRICE/SF
$177 USD /SF
CAP RATE
7%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Dollar General | Norwich, NY
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Convenience Store
ADD'L SUBTYPES
Storefront
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2020
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1.64 AC
LAND SF
71,600 SF
ZONING
03
APN/PARCEL ID
-
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215-603-6914
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215-603-6914
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