11273 Maple Ridge RdMedina, NY 14103

Property Details for 11273 Maple Ridge Rd

Year built

1959

Lot size

1.72 AC

Property size (Sq ft)

9,900 SF

Zone code

5

Property type

Investment properties

Property subtype

Retail residential properties

APN

343601 79.20-1-81

APU

3436017920181

Description

This exceptional investment opportunity presents a 9,900-square-foot Dollar General grocery store situated on a 1.72-acre lot in Medina, New York. The property boasts a new 10-year triple-net (NNN) lease with Dollar General, a highly reputable national tenant with over 19,000 locations nationwide, ensuring consistent rental income and minimal landlord responsibilities. The single-story building is 100% occupied, offering immediate cash flow. This prime retail location is situated within Medina's thriving commercial corridor, surrounded by strong national and regional tenants including Valu Home Centers, Aldi, Burger King, Tim Hortons, McDonald's, and Tractor Supply Company, ensuring high visibility and foot traffic. The property's address is 11273 Maple Ridge Rd, Medina, NY 14103, in Orleans County. This offering is particularly well-suited for 1031 exchange buyers and investors seeking a stable, low-maintenance investment in Upstate New York. The asking price for this exceptional net-leased property is $750,000.

• CAP approach

  CAP return

  Valuation

  6%

  $2,226,772

  6.5%

  $2,055,482

  7%

  $1,908,662

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,468,024

  Geo Method

  $965,354

• Alternative Use

  Use

  Valuation

  Residential

  $2,055,482

  Hospitality

  $1,882,810

  Educational

  $1,566,476

  Medical

  $1,620,350

  Retail

  $2,436,741

Location Insight

City

Medina

County

Orleans

State

New York

Latitude

43.2075

Longitude

-78.3948

CBSA code

40380

CBSA name

ROCHESTER, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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