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31154200
31130318

354 East St, Plainville, CT 06062

KK
NY 10401321452
SURMOUNT
TH
NY 10401399336
SURMOUNT
GK
NY 49KU1129178
SURMOUNT
CM
SURMOUNT
Listed by SURMOUNT
$1,462,000
117 days on market
Updated 116 days ago

Dollar General

Details
Property Type Retail
Sub Type Convenience Store
Square Footage 9,026
Cap Rate 7.25%
NOI $106,000
Occupancy 100%
Tenancy Single
Brand/Tenant Dollar General
Lease Type NN
Lease Term 15.1
Lease Expiration 04/30/2034
Remaining Term 7.8
Price per SqFt $162
Year Built 2019
Acreage 1.120
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 04/01/2019
Ownership Fee Simple

Retail | 7.25% CAP | 9,026 SqFt

Marketing description

Surmount is pleased to present the exclusive listing for a Dollar General located at 354 East Street, Plainville, CT 06062. The site consists of roughly 9,026 rentable square feet of building space on an estimated 1.12-acre parcel of land. Dollar General is subject to a 15.09-year Double Net (NN) lease, which commenced 4/1/2019. The current annual rent is $106,000 and has scheduled increases of 10.00% In Options.

Investment highlights

  • Investment Grade Corporate Guarantee | Dollar General is publicly traded (NYSE: DG) with an investment-grade credit rating, operating over 19,000 stores across 47 states, offering tenants dependable income security and brand strength.

  • Affluent Community | The property is situated in a high-income community, with average household incomes of $95,100 within a 3-mile radius and $91,400 within 5 miles, supporting strong consumer spending and long-term tenant performance.

  • Strong Demographics | This Dollar General benefits from a robust and growing population, with 42,400 residents within a 3-mile radius and 156,000 within 5 miles, providing a highly desirable trade area for sustained retail performance.

  • Close Proximity to America’s Oldest Amusement Park | The property is just ~4.5 miles from Lake Compounce Amusement & Water Park, the oldest continuously operating amusement park in the United States, originally opened in 1846 and now spanning 332 acres with more than 50 rides and attractions including Connecticut’s largest water park, Crocodile Cove. With deep regional draw and decades of tradition attracting families and tourists alike, the park enhances the area’s entertainment appeal and contributes to local visitation.

Listing Contacts

KK
NY 10401321452
SURMOUNT
TH
NY 10401399336
SURMOUNT
GK
NY 49KU1129178
SURMOUNT
CM
SURMOUNT
Listed by SURMOUNT

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$106,000.00
$8,833.33/mo

Valuation Metrics

0
DSCR
7.25%
Cap Rate
7.25%
ROI

Map

Zoning

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Last updated Feb 19, 2026 For deeper zoning details, reports are available at Zoneomics

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Additional Information

Name
Brian Brockman
License
REB.0792373
Brokerage
Bang Realty, Inc
Title
Broker of Record
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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