9212 Ny-5 Bloomfield, NY 14469

Exceptional investment opportunity featuring a Dollar General store in Bloomfield, NY. This 9,026 square foot property, built in 2019, boasts a 7.15% cap rate and a substantial net operating income (NOI) of $101,100. The absolute NNN lease, backed by a corporate guarantee, provides zero landlord responsibilities and extends to November 30, 2034, with four five-year renewal options. The property benefits from a prime location on Route 5, experiencing over 5,100 vehicles per day, and serves a population of approximately 6,280 within a five-mile radius, with an average household income exceeding $104,749. The nearest competing Dollar General is five miles away, ensuring minimal competition. Dollar General's strong credit rating and recession-resistant business model further enhance the investment's appeal. This property presents a compelling opportunity for long-term, passive income generation, with a price of $1,413,989 ($156.66 per square foot). The location is 15 miles south of Rochester, NY, offering convenient access to a larger metropolitan area. The property's strong financials, coupled with the tenant's stability and the favorable lease terms, make this an attractive investment prospect.