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120 S Main St 7,650 SF Retail Building Ellenville, NY 12428 $825,000 ($107.84/SF) 8% Cap Rate
Investment Highlights
- Prime Retail Corner
- Absolute NN Lease
- Great Exposure on South Main Street
- Single Tenant - Dollar General
- Lease Expires May 31, 2028 with 1-5 Year Option
- 14,082 Cars per Day Along Main Street
Executive Summary
Royal Properties, Inc. is pleased to exclusively present the opportunity to acquire a single tenant absolute net lease. The subject property rests on a .59-acre lot on South Main Street in the Village of Ellenville, New York.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Building Size
7,650 SF
Building Class
B
Year Built
1990
Price
$825,000
Price Per SF
$107.84
Cap Rate
8%
NOI
$66,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.30
Lot Size
0.59 AC
Opportunity Zone
Yes
Zoning
B3 - Highway Business
Parking
15 Spaces (3.9 Spaces per 1,000 SF Leased)
Amenities
- Corner Lot
- Freeway Visibility
- Signalized Intersection
Walk Score®
Very Walkable (78)
Nearby Major Retailers
Property Taxes
| Parcel Number | 5601-083.311-0004-047.200-0000 | Improvements Assessment | $354,700 |
| Land Assessment | $95,300 | Total Assessment | $450,000 |
Property Taxes
Parcel Number
5601-083.311-0004-047.200-0000
Land Assessment
$95,300
Improvements Assessment
$354,700
Total Assessment
$450,000
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120 S Main St
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