Dollar General Milford, NY

6373 State Hwy 7
Milford, NY

Price: $1,637,000
Cap Rate: 6.50%
NOI: $106,416
Building Size: Approx. 9,026 Sq. Ft.
Lot Size: Approx. 2.19 Acres
Type: Single-Tenant / Retail
Sub Category: Dollar Store
Year Built: 2019

Investment Overview

  • 2019 Construction. 9,026+/- SF Building on 2.19+/- Acre Site
  • 15-Year Absolute NNN Lease w/ 10% Rent Bumps in Options
  • Located along Hwy 7 “Main St”,  a major east-west thoroughfare
  • Milford is a town in Otsego County, along I-88 in Upstate New York
  • Neighboring several college towns like Oneonta,  Johnstown, Albany, Utica
  • Local Attractions: National Baseball Hall of Fame | Otsego & Goodyear Lake
  • Strong Income Demographics with an estimated $63,243 within a 3-Mile Radius