DOLLAR GENERAL

Description

PROPERTY is a 9,014 SF building with a 15 year corporate backed net lease on 1.0 acres located in Malone, NY

TENANT RESPONSIBILITIES: RE Taxes, Insurance, Utilities, Minor CAM (less than $1,000), Parking Lot - $4,056 Per Year

LANDLORD REPSONSIBILITIES: Roof (Roof comes with warranty), Structure, General Liability Insurance, Major CAM (more than $1,000 per occurrence)

Area Description

AREA TENANTS INCLUDE: Eckerd, KFC, Taco Bell, Domino's

MALONE is a village located in the town of Malone in Franklin County and located approximately 184 miles Northeast of Syracuse, NY, 242 miles Northeast of Manchester, NY and 263 miles Northeast of Rochester, NY. Malone's population was 6,075 at the 2000 census. It is the county seat of Franklin County.

Lease Terms

15 Year, corporate backed net lease

Business Notes

LEASE GUARANTOR: Dollar General Corporation

Contacts

  • Mr. Bill Weitzenkorn
    Associate
    Phone (678) 880-3270 Ex. 102
    Fax (678) 807-1927
    E-Mail bill@tri-oak.com

Company

Tri-Oak Commercial Group
Retail Investment Brokerage
2920 Marietta Highway
Suite 126
Canton, GA 30114
Phone (678) 880-3270
Fax (678) 807-1927
e-Mail info@tri-oak.com
Commercial Retail Sale
3321 State Route 11
Malone, NY 12953


County
Franklin
Building StatusExistingTotal SF9,014Number of Floors1Lot Size43,560 SFYear Built2006TenancySingle Tenant
Sale Price
$600,000.00

Date Sold
Apr 26, 2010

Attached Files

(Click to download)

Tenants

  • Dollar GeneralSquare Footage9,014Monthly Income$5,057.00
Click for Financials Sheet

Financials

Land/Lot Info

Lot Size :43560.00 SF
The above information has been secured by sources deemed to be reliable, Tri Oak makes no representations or warranties expressed or implied as to the accuracy of the above information. References to square footage or age are approximate. Purchaser/User must verify the accuracy of the above information and bears all risks for any inaccuracies. Above information is subject to verification and no liability for errors or omissions are assumed.