Dollar General Nnn Portfoliocorporate Guaranteenewer… — Sale in Hemlock, NY

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Hemlock, NY 14466

Investment Figures

Cap rate
7.40%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Marcus & Millichap is pleased to present a net leased investment opportunity consisting of 14 newer construction, corporate-guaranteed Dollar General stores across seven states: New York, Pennsylvania, Illinois, Iowa, Missouri, Minnesota, and Kentucky. These properties feature absolute NNN leases with zero landlord responsibilities, providing passive income streams backed by Dollar General's investment-grade credit rating. The stores are strategically located in growing communities within established metropolitan statistical areas and rural markets. The portfolio emphasizes locations in small towns and rural areas with strong economic drivers such as manufacturing, healthcare, education, and retail trade. For instance, the Hemlock, NY property is situated near Hemlock Lake, benefiting from proximity to Rochester and educational institutions like SUNY Geneseo, with a 5-mile population of 30,000+ and AHHI of $92,000+. The Lansing, NY store, near Ithaca and Cornell University, serves a vibrant economy with a 13.9% population growth since 2000, a 5-mile population of 40,000+, and AHHI exceeding $109,000. In Pennsylvania, the properties in Josephine, Hopewell, and Kittanning cater to rural demographics with economies driven by retail trade (up to 20%), education, and manufacturing. Kittanning, for example, has a 5 MI population of 17,000+ and AHHI of $66,000+, with low unemployment at 3.6%. Iowa's Northwood and Belle Plaine stores are in communities with manufacturing leading employment, low unemployment (about 2.5%), and growth potential near colleges like Riverland Community College. In Missouri, Webb City and Harrisonville show strong population growth (36.5% and 11.6% since 2000). The Litchfield, MN property benefits from a manufacturing-heavy economy and proximity to St. Cloud State University. Kentucky's Topmost, Breeding, and Manchester stores serve rural markets near educational hubs like Hazard Community and Technical College. These properties offer attractive c

Market Context

This retail in Hemlock, NY is listed for sale. It is offered at an approximate 7.4% capitalization rate, a key benchmark for income-producing retail assets. It has been on the market for 100 days. Compare it against other retail listings for sale in Hemlock, NY — view the full market.

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