19 Dansville StCohocton, NY 14826

  • Retail space
  • 9,100 SF
For Sale
$1,113,600 View listing

Property Details for 19 Dansville St

Year built
2019
Lot size
1.53 AC
Property size (Sq ft)
9,100 SF
Property type
Retail space
APN
463601 042.16-01-014.110
APU
4636010421601014110

Description

This exceptional investment opportunity presents a 10-year remaining lease on a Dollar General storefront located at 19 N Dansville St, Cohocton, NY 14826. The property is a single-tenant, absolute NNN lease with a corporate guarantee, significantly reducing landlord responsibilities and risk. The current asking price is $1,113,600. The lease features a 15-year initial term with built-in rent increases of 10% at each option period, providing predictable and growing income. This strategically located retail property benefits from its position in Cohocton, Steuben County, New York, within a well-established commercial area. The property's strong tenant and lease terms make it an attractive investment for those seeking stable, long-term returns. The absolute NNN lease structure ensures minimal landlord responsibilities, including property taxes, insurance, and maintenance. The corporate guarantee provides additional security and peace of mind. This is a rare opportunity to acquire a high-quality, passively managed retail investment with significant upside potential. The property's location and the strength of the Dollar General brand contribute to its strong investment profile. With a substantial remaining lease term and built-in rent increases, this property offers a compelling investment opportunity for discerning buyers. Detailed financial information is available upon request.

Location Insight

City
Cohocton
County
Steuben
State
New York
Latitude
42.5054
Longitude
-77.509
CBSA code
18500
CBSA name
CORNING, NY MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
0
-
$14,000
$577,500
$591,500
-
$21,212
$875,000
$896,212

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