3266 NY-29A, Caroga Lake, NY 12032

Dollar General at 3266 NY 29A, Caroga Lake, NY 12032 presents an attractive opportunity to acquire a new-construction, single-tenant net lease asset in the scenic southern Adirondack region. Built in 2020, this 9,250± SF storefront sits on 2.146± acres at the signalized junction of NY State Route 29A and NY State Route 10, offering strong visibility and convenient access. Leased to Dollar General under an absolute NNN lease with no landlord responsibilities, the property provides durable, passive income backed by a nationally recognized retailer with a strong operating history and S&P BBB credit rating. The current annual NOI is $111,166.68, with the initial lease term running through October 31, 2035. Investors also benefit from four 5-year renewal options featuring 10% rent increases in each option period, creating built-in long-term upside. Positioned in a community with limited grocery competition and surrounded by year-round outdoor recreation, this asset serves as an essential retail destination for local residents and visitors alike. Fee simple ownership, corporate lease guaranty, and predictable cash flow make this a compelling addition to any net lease portfolio.