Available Properties
dollar general – Castile, NY
- 5720 New York 19A, Castile, NY 14427
Listing Broker
Angelo Iacobelli
- angelo@amcreis.com
- (586) 200-0044
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Property Details
- Sale Price:
- Cap rate:
- Term Remaining:
- Lease Type:
- Lease Guarantee:
- $1,275,000
- 7.28%
- 6.5 Years
- Absolute NNN
- Corporate Guarantee
Highlights
- Absolute NNN Lease with No Landlord Responsibilities
- Located on a Large 2.20 Acre Lot
- Multiple Ingress/Egress Points Along NY-19
- Gateway to Letchworth State Park — Nominated Best State Park in the Country by USA Today 2025
- Captive Small-Market Trade Area with Limited Retail Alternatives
- ±6.5 Years Remaining on Original 15-Year Lease | Five 5-Year Options with 10% Rent Bumps
- Modern 2017 Construction
Sale Description
AMC Real Estate Investment Services presents an absolute NNN Dollar General at 5720 NY-19, Castile, NY — the gateway community to Letchworth State Park, nominated Best State Park in the Country by USA Today 2025. Built in 2017, the 9,100 SF freestanding building sits on a large 2.20 acre lot along NY-19, the primary commercial corridor through Castile, with multiple ingress/egress points and strong frontage. The property serves a captive small-market trade area with limited retail alternatives, supporting consistent daily-needs consumer demand. With ±6.5 years remaining on the original 15-year corporate lease and five 5-year renewal options each carrying 10% rent bumps, this offering delivers long-term, passive income backed by one of America’s most credit-worthy investment-grade retailers.
Location
Demographics
| Radius from site | population | average income |
|---|---|---|
|
3 Mile |
2,226 |
$74,105 |
|
5 Mile |
4,101 |
$74,099 |
|
10 Mile |
20,774 |
$75,897 |
