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32961038
32961032

3391 Main Street, Mexico, NY 13114

RB
MMG
MB
FL SL3618588
MMG Real Estate Advisors
Listed by MMG, MMG Real Estate Advisors
$970,000
10 days on market
Updated 7 days ago

Dollar General - Mexico, NY | Top Performing Location

Details
Property Type Retail
Sub Type Storefront
Square Footage 9,014
Cap Rate 7.23%
NOI $70,092
Occupancy 100%
Tenancy Single
Brand/Tenant Dollar General
Lease Type NN+
Lease Expiration 01/31/2031
Rent Bumps Yes
Lease Options 2, 5-Year
Price per SqFt $108
Year Built 2006
Acreage 1.030
Zoning Commercial
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 02/01/2006
Ground Lease No
Ownership Fee Simple

Retail | 7.23% CAP | 9,014 SqFt

Marketing description

MMG Real Estate Advisors is pleased to present the opportunity to acquire 3391 Main Street, a freestanding Dollar General and single-tenant net-leased (STNL) asset located in the established rural trade area of Mexico, New York in Oswego County. The property offers an attractive 7.23% going-in cap rate with highly stable, passive income potential, supported by a corporate guarantee, a landlord-friendly NN+ lease structure, and a necessity-based retail model designed to drive consistent daily foot traffic and protect cash flow.

Positioned with excellent visibility along NY-104, the asset serves as a primary retail destination for the surrounding community and benefits from strong, diverse regional employment drivers, including Constellation Energy, Oswego Health, Novelis, and SUNY Oswego. A highly accessible price point of $970,000 paired with a defensive, essential-retail tenant enhances day-one returns and offers long-term predictability, making this Dollar General a compelling acquisition for investors seeking a disciplined entry point into the Upstate New York market.

Investment highlights

  • Corporate Guaranteed Tenancy
  • Attractive 7.22% Cap Rate
  • Prominent Main Street visibility
  • Necessity-Based Retail Model
  • Strong Regional Employment Drivers
  • Landlord-Friendly NN+ Lease Structure

Listing Contacts

RB
MMG
MB
FL SL3618588
MMG Real Estate Advisors
Listed by MMG, MMG Real Estate Advisors

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$70,092.00
$5,841.00/mo

Valuation Metrics

0
DSCR
7.23%
Cap Rate
7.23%
ROI

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Additional Information

Name
Scott Reid
License
10311208459
Title
Broker of Record
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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