For Sale
$1,599,000 | 6.50% Cap
4296 New York 104, Mexico, NY, 13121
New OM Download
New OM Download
Broker of Record: Jeremy Halback | Bridgeline Real Estate LLC | NY License #: 10991243264
| Facility Type | Building Area (SF) | Years Remaining | Net Operating Income |
|---|---|---|---|
| Single Tenant | 9,026 Square Feet |
9.4 Years | $103,918 |
Investment Highlights
LONG-TERM INCOME WITH BUILT-IN GROWTH
Approximately 9.4 years remain on the primary lease term through February 2036, with four additional five-year renewal options featuring 10% rent increases in each option period, supporting longterm income growth.
NEWER CONSTRUCTION ON 2.5 ACRES
Built in 2020, the 9,026 SF store occupies 2.50 acres along State Route 104, featuring 30 parking spaces and a 1-mile exclusive against competing dollar, drug, and Walmart uses.
CORPORATELY GUARANTEED LEASE
Leased to Dolgen New York, LLC, an operating subsidiary of Dollar General, and guaranteed by Dollar General Corporation (NYSE: DG; S&P: BBB), an investment-grade retailer operating more than 21,100 stores across 48 states and Mexico.
PRIMARY CORRIDOR FRONTAGE
The property fronts State Route 104, the town’s primary east-west corridor, next to New Haven Elementary School and near Town Hall, with access to Oswego, Mexico, and Interstate 81 (Exit 118) via State Routes 104 and 104B.
ABSOLUTE NNN LEASE
The tenant is responsible for all property expenses, including structure, roof, HVAC, parking lot, taxes, insurance, and utilities, creating a passive, management-free investment with no landlord maintenance obligations.
PROVEN TENANT MOMENTUM
Dollar General reported second-quarter fiscal 2026 net sales growth of 5.2% to $11.3 billion and same-store sales growth of 3.5%, marking its fifth consecutive quarter of customer traffic growth, and raised its full-year sales and earnings outlook.
| Facility Type | Building Area (SF) | Years Remaining | Net Operating Income |
|---|---|---|---|
| Single Tenant | 9,026 Square Feet |
9.4 Years | $103,918 |
Peranich Huffman Net Lease Group is pleased to exclusively present Dollar General, located at 4296 State Route 104, New Haven, New York. This single tenant offering provides investors the opportunity to acquire a corporate-guaranteed, absolute NNN retail property occupied by an investment-grade national retailer. Built in 2020, the 9,026 SF store sits on 2.50 acres along State Route 104 and serves New Haven and the surrounding Oswego County communities.
The property is leased to Dolgen New York, LLC under an absolute NNN lease guaranteed by Dollar General Corporation through February 2036, with approximately 9.4 years of primary term remaining. The tenant is responsible for all property expenses, including structure, roof, HVAC, parking lot, taxes, and insurance, providing a passive investment with no landlord maintenance obligations. The lease includes four five-year renewal options with 10% rent increases in each, along with a 1-mile exclusive against competing dollar, drug, and Walmart uses.
Dollar General Corporation (NYSE: DG; S&P: BBB) is the largest discount retailer in the United States by store count, operating more than 21,100 stores across 48 states and Mexico as of July 31, 2026. The company reported fiscal 2025 net sales of $42.7 billion, representing 5.2% growth over the prior year, and employs approximately 194,000 people.
Dollar General’s focus on everyday essentials, convenient small-box locations, and value-oriented merchandise supports consistent consumer demand and long-term credit strength for investors.