www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
24728009
24728010

4 Central Ave, Ilion, NY 13357 For Sale

DB
MI 6502378067, OH BRKP.2020008390
Encore Real Estate Investment Services
BH
MI 6501393688
Encore Real Estate Investment Services
Listed by Encore Real Estate Investment Services
$2,367,900
368 days on market
Updated 18 days ago

Dollar Tree | New 10-Yr Lease | Retail Corridor

Details
Property Type Retail
Sub Type Convenience Store, Storefront
Square Footage 14,599
Cap Rate 7%
NOI $165,756
Occupancy 100%
Tenancy Single
Brand/Tenant Dollar Tree
Lease Type NN
Lease Term 10.2
Lease Expiration 02/28/2035
Remaining Term 8.6
Rent Bumps Yes
Lease Options 4, 5-Year Options
Price per SqFt $162
Year Built 2004
Year Renovated 2024
Acreage 1.300
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 12/18/2024

Fresh 10-Yr Term Remaining | Hard Corner Fundamentals | Drugstore Prototype w/ Drive-Thru

Marketing description

Introducing an enticing investment opportunity - the DOLLAR TREE NEW 10-YR NN LEASE at 4 Central Plz, Ilion, NY 13357! This property boasts a newly signed 10-year NN lease with Dollar Tree, offering a secure and stable income stream for savvy investors.

Situated in a prime location in Ilion, NY, this commercial space presents a unique chance to acquire a high-quality asset with a strong tenant in place. Don't miss out on this exclusive listing presented by Brent Hanna and Brian Brockman. The property features a strategic location, long-term lease, and solid tenant, making it a valuable addition to any investment portfolio.

For those seeking a promising investment in the thriving retail sector, the DOLLAR TREE NEW 10-YR NN LEASE at 4 Central Plz, Ilion, NY 13357 is a remarkable opportunity. Reach out now to seize this chance to secure a reliable and profitable asset!

Investment highlights

  • Quality Construction All-Brick Building w/ Drive-Thru | Drugstore Prototype
  • Double Net Lease | Fee Simple Ownership | Limited Landlord Responsibilities
  • Fresh 10-Yr Term Remaining | Options to Extend w/ Rent Increases in Options
  • Corporate Guarantee | Credit Rating: S&P "BBB" | Investment Grade
  • Hard Corner Main on Main Location | Signalized Intersection | Ease of Access
  • Adjacent to Leading Dollar General in the Country (#4 Dollar General in New York)
  • Population in a 3-Mile Radius Exceeds 22,506 w/ An Average HH Income of $84,143
  • Neighboring Tenants Include: Walgreens, McDonald's, Aldi, Dollar General, O'Reilly Auto Parts, Dunkin Donuts, Kinney Drugs, and Many More

Listing Contacts

DB
MI 6502378067, OH BRKP.2020008390
Encore Real Estate Investment Services
BH
MI 6501393688
Encore Real Estate Investment Services
Listed by Encore Real Estate Investment Services

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$165,756.00
$13,813.00/mo

Valuation Metrics

0
DSCR
7%
Cap Rate
7%
ROI

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Brian Brockman
License
NY #10311208985
Brokerage
Bang Realty
Title
Broker of Record
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591