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100 Conhocton St
Corning, NY 14830
Rite Aid · Retail Property For Sale
Investment Highlights
- Rite Aid has been operating here since 2004 and proved their commitment to the site through an early extension of their lease in 2019
- Over 9 years remaining in the initial lease term with two, five year options to renew
- There is a 21% rental increase in option 1, and a 2% increase in options 2-4
- This is a fee simple NNN lease with zero landlord responsibilities or expenses
- This site offers self-swab COVID-19 testing
- Rite Aid has plans to re-brand this store with their newest logo and signage, further showing their dedication to this location
Property Facts
Property Type
Retail
Property Subtype
Drug Store
Building Size
13,813 SF
Building Class
B
Year Built
2004
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
2.10 AC
Zoning
C - Commercial Zoning
Parking
50 Spaces (3.62 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Signage
- Drive Thru
Property Taxes
| Parcel Number | 460300-318-014-0003-075-200 | Improvements Assessment | $2,330,000 |
| Land Assessment | $920,000 | Total Assessment | $3,250,000 |
Property Taxes
Parcel Number
460300-318-014-0003-075-200
Land Assessment
$920,000
Improvements Assessment
$2,330,000
Total Assessment
$3,250,000
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