Cap Rate: 5.40%
Annual Rent: $97,121
Square Footage: 9,279
Year Built: 2016
This is a unique opportunity to purchase an absolute NNN Dollar General with 10 years remaining on the base term. The property is in outstanding physical condition and presents excellent visibility along Route 55.
Eldred, NY is located along New York State Route 55, approximately 13.5 miles (21.7 km) southwest of Monticello, and 50 miles (80.4 km) west of Nuburgh. The store is located at the intersection of County Route 32 and County Route 55. Eldred serves as the primary retail corridor in the town of Highland.