1240 A Arsenal St | Watertown, NY 13601
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- LoopNet Team
1240 A Arsenal St
Watertown, NY 13601
Goodyear · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Strong NNN Lease | The site is subject to a triple net lease with the Landlord only being responsible for roof and structure.
- 20 Years of Renewal Options | There are 4, 5-year renewal options, providing a secure and long-term source of income.
- Strong Corporate Guarantee | Goodyear Tire & Rubber Company has over 570 company-owned stores nationwide.
- Attractive Rental Increases | The subject investment property features 10% rental increases every 5 years, hedging against inflation.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Freestanding
Building Size
6,117 SF
Building Class
B
Year Built
2016
Tenancy
Single
Building Height
1 Story
Building FAR
0.20
Lot Size
0.72 AC
Zoning
NB - New Business
Frontage
103’ on Arsenal St
AMENITIES
- Bus Line
- Pylon Sign
- Signage
PROPERTY TAXES
| Parcel Number | 221800-007-000-0002-101-000-0000 | Improvements Assessment | $511,100 |
| Land Assessment | $70,000 | Total Assessment | $581,100 |
PROPERTY TAXES
Parcel Number
221800-007-000-0002-101-000-0000
Land Assessment
$70,000
Improvements Assessment
$511,100
Total Assessment
$581,100
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