1809 State Highway 345

1809 State Highway 345, Madrid, NY 13660

  • For Sale $1,080,147
  • Property Type Retail - Freestanding
  • Property Size 7,512 SF
  • Units 1
  • Lot Size 1.36 Acre
  • Property Tenancy Single Tenant
  • Year Built 2019
  • Date Updated Apr 22, 2024
Madrid is a town in St. Lawrence County, New York. The town is named after the capital of Spain. Madrid is in the northern part of the county, north of Canton. Madrid-Waddington Central School serves the town of Madrid, but outside the population center. Madrid was first settled around 1801. The town was one of the four original towns created along with the county in 1802. It was formed from the town of Lisbon. The south part of Madrid was lost to form the town of Potsdam in 1806. The town gave up territory for the new town of Waddington in 1859. During the War of 1812, Madrid, due to its proximity to Canada, developed a town militia, the "South Madrid Militia". Madrid was raided by the Canadians in February 1814. After a more diverse economy, including mining and logging, the primary industry became farming, and the commercial presence is solely to support the residents. The First Congregational Church of Madrid was listed on the National Register of Historic Places in 2010.Exclusive Realty is pleased to present this 7,512 SF Dollar General store located in Madrid, New York. The property has a NNN Lease, leaving zero Landlord Responsibility. The Lease is guaranteed by Dollar General which holds a credit rating of "BBB" and this is classified as investment grade. The subject offering represents an ideal opportunity for a 1031 Exchange buyer. This investment will offer a new owner continued success due to the financial strength and the proven profitability of the tenant, one of the nations top dollar stores.

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Highlights

  • NNN Lease/Zero Landlord Responsibilities
  • 7,512 Square Feet on 1.36 Acres of Land
  • Built in 2019

Contacts

broker

Steve Sagmani

Exclusive Realty

(248) 833-6601

Location

Getting Around

  • Walk Score ®

    19/100 Car-Dependent
  • Bike Score ®

    34/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Madrid, NY
  • Neighborhood Madrid
  • Zip Code 13660

Points of Interest

  • Wayne's Groceries & Gas

    1.13 miles

  • Valero

    7.98 miles

  • Diamond Propane

    8.03 miles

  • Sunoco

    8.15 miles

  • ChargePoint

    8.46 miles

  • Sunoco

    8.55 miles

  • Stewart's

    8.56 miles

  • Sharlows Service Station

    8.97 miles

  • Kunoco

    9.01 miles

  • Suburban Propane

    9.60 miles

  • Parking for the Bingo Hall

    6.48 miles

  • Parking for Morley Library

    6.49 miles

  • Parking for Char's Bar

    6.51 miles

  • Canton-Potsdam Hospital

    8.46 miles

  • Clarkson Inn

    8.69 miles

  • Village of Potsdam

    8.72 miles

  • North Country Savings Bank

    8.77 miles

  • Remington Recreation Trail

    9.59 miles

  • Potsdam Police Impound Lot

    9.76 miles

  • Lot 3

    9.91 miles

  • Sabad's Restaurant

    7.50 miles

  • French's 1844 House

    7.80 miles

  • Ponderosa Steakhouse

    7.97 miles

  • Domino's Pizza

    7.99 miles

  • Mongolian Grill

    8.00 miles

  • Subway

    8.04 miles

  • McDonald's

    8.05 miles

  • Burger King

    8.08 miles

  • #A1 Chinese Kitchen

    8.10 miles

  • Arby's

    8.10 miles

  • Hometown Market & Deli

    6.10 miles

  • ALDI

    7.25 miles

  • Walmart Supercenter

    7.53 miles

  • Price Chopper

    7.89 miles

  • Sears

    7.93 miles

  • Al Smith's Superette

    7.95 miles

  • Big Lots

    8.05 miles

  • IGA

    8.70 miles

  • Potsdam Food Co-op

    8.72 miles

Frequently Asked Questions

What is the lease rate for 1809 State Highway 345?

Rental asking rate at 1809 State Highway 345 is $540,073.50/YR.

What is the total square footage of 1809 State Highway 345?

1809 State Highway 345 totals 7,512 square feet.

When was this property built?

1809 State Highway 345 was built in 2019.

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Contact Listing Broker

broker

Steve Sagmani

Exclusive Realty

(248) 833-6601