It is a newly built shopping market, located in one of the small towns in the south of New York state.
The one-storey building was constructed in 2015.
The total area is 845 m².
The plot of 7,964 m².
The property is fully leased out to a major company.
The shopping market is located near the road with over 12,000 cars per day driving past the site.
Absolute income is 93,225 $.
The current yield of 6,4%.
Tenant is a Dollar General, one of the largest trading companies with 75 years of history.
Dollar General has more than 12,000 branches in 43 countries.
The annual turnover of the company exceeds $18 billion, staff consists of 109,000 employees.
The Triple Net Lease contract is signed for 15 years until 2030 with extension options for 4x5 years and 10% rental rate increase.
All operating and repair costs are borne by the lessee.