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31082900
31082901

4761 US-9, Plattsburgh, NY 12901

DD
NY 40DE0945716
HMX Realty Advisors
Listed by HMX Realty Advisors
$2,461,500
79 days on market
Updated 79 days ago

Dollar General - Plattsburgh

Details
Property Type Retail
Sub Type Storefront
Units 10640
Cap Rate 6.5%
NOI $160,000
Occupancy 100%
Tenancy Single
Brand/Tenant Dollar General
Lease Type Absolute NNN
Lease Term 15
Lease Expiration 06/01/2041
Remaining Term 15
Class A
Year Built 2026
Buildings 1
Stories 1
Acreage 2.900
Investment Type Net Lease
Tenant Credit Credit Rated, Corporate Guarantee
Lease Commencement 06/01/2026
Occupancy Date 06/01/2026
Ownership Investment

Price: $2,461,500 | Cap: 6.50% | NOI: $160,000

Marketing description

HMX Realty Advisors is pleased to exclusively offer for sale a brand new Dollar General located in Plattsburgh, NY. This newly constructed, 10,640 sf building sits on a 2.9 acre parcel of land and features upgraded construction materials. The store is scheduled to open in June 2026. The property is situated on U.S. Route 9, approximately 4.5 miles south of the Plattsburgh city center, serving the southern lakeside corridor of Clinton County. This location is distinct from the existing Dollar General on South Catherine Street — that store serves the western side of Plattsburgh along Route 22 and the SUNY Plattsburgh campus, while this new store is purpose-built to serve the Route 9 corridor to the east.

The immediate trade area represents one of the most affluent sections of the Plattsburgh market, characterized by an established concentration of waterfront townhomes and condominiums along Lake Champlain to the east and south. This residential base — predominantly occupied by retirees and second-home owners — creates a strong, stable consumer profile with genuine demand for a convenient everyday-needs destination that eliminates the need to cross town for routine purchases.

Investment highlights

· Dollar General Corp | NYSE: DG | S&P Rating: “BBB” Investment Grade

· New long term triple net Lease with rent increases

· Upgraded construction materials

· Lakeside community on Lake Champlain

Listing Contacts

DD
NY 40DE0945716
HMX Realty Advisors
Listed by HMX Realty Advisors

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$160,000.00
$13,333.33/mo

Valuation Metrics

0
DSCR
6.5%
Cap Rate
6.5%
ROI

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