8569 Main St - Freestanding FOR SALE


Campbell, NY 14821 | 
$1,500,000 USD
781-776-4003
8569 Main St, Campbell, NY for Sale
$1,500,000 USD
Freestanding - FOR SALE
1/8
null | 7.4% Cap Rate

8569 Main St
Campbell, NY 14821


HIGHLIGHTS

  • Attractive Rent Increases
  • Zero Management Responsibilities
  • Investment Grade Credit
  • Strong Location
  • Limited Competition
  • Dominant Market-Share Location

OVERVIEW

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase a freestanding Dollar General investment property located at 8569 Main Street (NY Route 125/333) in Campbell, New York (the “Property”). Constructed in 2021, Dollar General has 10+ years remaining on its Absolute Net Lease followed by three (3), 5-year renewal options. The lease features attractive 10% rent increases at the start of each renewal option. The Property occupies a highly strategic location at 8569 Main Street in the heart of Campbell, benefiting from its position near the community’s primary commercial node and immediately adjacent to Interstate 86. The Property is approximately 0.2 miles from I-86 Exit 41, providing convenient access to and from the Southern Tier Expressway and connecting Campbell with Corning, Painted Post, Elmira, and communities throughout the Southern Tier. Main Street serves as an important local connection through the community, while nearby NY Route 415 provides additional regional connectivity. The location’s accessibility is further enhanced by its proximity to the Campbell-Savona Central School District (approximately 0.7 miles away), creating an additional source of daily traffic and daytime population. Dollar General serves as a convenient source for everyday necessities for Campbell residents and surrounding rural communities, where retail options are relatively limited. The immediate area is supported by established residential neighborhoods, local businesses, and significant employment generators, including BelGioioso Cheese’s Campbell facility, which is undergoing additional investment and expansion. The combination of limited competing retail, convenient highway access, nearby schools and employment, and the Property’s established role as an everyday-needs retailer creates a compelling location for Dollar General and positions the store to capture both local and pass-through consumer traffic.

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$166 USD /SF

CAP RATE

7.4%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Convenience Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2021

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.63 AC

LAND SF

114,563 SF

ZONING

COMM

APN/PARCEL ID

463000-242-012-0001-014-000

ASK ABOUT THIS PROPERTY

Robert HorvathHorvath & TremblayMore Info
781-776-4003

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Robert HorvathHorvath & TremblayMore Info
781-776-4003

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