One of Dollar General's highest performing locations, 9,014 Sq.Ft. building located in Holley, NY. True NN lease through 2019, with extensions and 5% rent increases through 2029. This location has recently been remodeled by Dollar General to the new store concept. Dollar General reimburses for taxes, insurance, snow removal and HVAC maintenance up to $1,000. This location boasts no competition, and Dollar General has exhibited their commitment to this location by including it in their in-house insurance program.
Parking lot repaved and striped in 2016, owner has invested $42,000 into new roofing and reinforcement. Dollar General has offered to replace HVAC units at their own expense.
Building sits on a large paved lot that can be sub-divided, and new construction or storage rental can add large upside income potential. Building constructed in 2004.
Existing assumable, fixed rate, fully amortizing financing available with only 14 years left.
16684 Route 31
Listing Type: Sale Property Type: Commercial
Local Area Information:
Nestled in the eastern portion of Orleans County, the picturesque Village of Holley proudly stands. The village owes its existence to the Erie Canal and was named for Myron Holley, one of the canal commissioners. First settled in 1812, the rich farmlands enticed many settlers. Incorporated in 1850, soon the railroad came and afforded the residents easier travel and the farmers' better shipping for their produce. The quarry business boomed in the late 1800's and brought an influx of talented immigrants to the area. Holley has a historic Village Square surrounded by the business section. The village of Holley was incorporated under the general Act of the legislature, July 1, 1850.