Dollar General Andover, NY

46 Chestnut St
Andover, NY

Price: $1,364,000
Cap Rate: 6.50%
NOI: $88,671
Building Size: Approx. 9,026 Sq. Ft.
Lot Size: Approx. 1.64 Acres
Type: Single-Tenant / Retail
Sub Category: Dollar Store
Year Built: 2019

Investment Overview

  • 2019 Construction. 9,026+/- SF Building on 1.64/- Acre Site
  • 15-Year Absolute NNN Lease w/ 10% Rent Bumps in Options
  • Located along State Route 417 “Chestnut St”, main town’s thoroughfare
  • Andover is a town situated in the foothills of the Allegheny Mountains, just S of I-86
  • Healthy Income Demos w/ $64,830 within a 3-Mile Radius & $64,149 at 5-Mile Radius
  • Subject Property is located 2-Hours SE of Buffalo, NY & 1.5-Hours S of Rochester, NY