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32285514
33342665

5720 New York 19A, Castile, NY 14427 For Sale

AI
MI MI 6501442625
AMC Real Estate
CM
MI 6501448006
AMC Real Estate
Listed by AMC Real Estate
$1,275,000
76 days on market
Updated 45 days ago

5720 New York 19A

Details
Property Type Retail
Sub Type Grocery Store, Storefront (+1)
Square Footage 9,100
Units 1
Cap Rate 7.28%
NOI $92,812
Occupancy 100%
Tenancy Single
Brand/Tenant Dollar General, Dollar Tree (+2)
Lease Type Absolute NNN
Lease Term 15
Lease Expiration 11/09/2032
Remaining Term 6.3
Rent Bumps Yes
Lease Options 5 (5 Year) Options
Price per SqFt $140
Year Built 2017
Acreage 2.200
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 11/10/2017
Ground Lease No

Absolute NNN Dollar General | Castile, NY | Gateway to Letchworth State Park | 2.20 Acres

Marketing description

AMC Real Estate Investment Services presents an absolute NNN Dollar General at 5720 NY-19, Castile, NY — the gateway community to Letchworth State Park, nominated Best State Park in the Country by USA Today 2025. Built in 2017, the 9,100 SF freestanding building sits on a large 2.20 acre lot along NY-19, the primary commercial corridor through Castile, with multiple ingress/egress points and strong frontage. The property serves a captive small-market trade area with limited retail alternatives, supporting consistent daily-needs consumer demand. With ±6.5 years remaining on the original 15-year corporate lease and five 5-year renewal options each carrying 10% rent bumps, this offering delivers long-term, passive income backed by one of America's most credit-worthy investment-grade retailers.

Investment highlights

  • Absolute NNN Lease with No Landlord Responsibilities
  • Located on a Large 2.20 Acre Lot
  • Multiple Ingress/Egress Points Along NY-19
  • Gateway to Letchworth State Park — Nominated Best State Park in the Country by USA Today 2025
  • Captive Small-Market Trade Area with Limited Retail Alternatives
  • ±6.5 Years Remaining on Original 15-Year Lease | Five 5-Year Options with 10% Rent Bumps
  • Modern 2017 Construction

Listing Contacts

AI
MI MI 6501442625
AMC Real Estate
CM
MI 6501448006
AMC Real Estate
Listed by AMC Real Estate

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$92,812.00
$7,734.33/mo

Valuation Metrics

0
DSCR
7.28%
Cap Rate
7.28%
ROI

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Additional Information

Name
BRIAN BROCKMAN
License
10311208985
Brokerage
Bang Realty-New York Inc
Title
Broker of Record
Brokerage Address
845 3rd Ave 6th Floor New York, NY 10022
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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