133-135 Albany St
Cazenovia, NY 13035
Mirabito Energy/Dunkin Donuts Gas Station · Retail Property For Sale

Marcus & Millichap is pleased to present the exclusive listing for a Mirabito Energy gas station and convenience store and Dunkin Donuts located at 135 Albany Street in Cazenovia, New York. The property consists of 2,825 square feet of building space and sits on 0.78 acres of land. The subject property is subject to a 17-year absolute triple-net (NNN) lease that commenced in August 2016. There are approximately 16.5 years remaining. The rent is $132,915 and subject to 1.5% annual rent escalations. There are four, five-year tenant renewal options. The subject property is located at 135 Albany Street in Cazenovia, New York. Cazenovia is an affluent town located in Madison County, New York. The town is part of the Greater Syracuse area and is the location for Cazenovia College, a small liberal arts college. The town has numerous free standing buildings that are on the National Register of Historic Places. There are 5,260 individuals within a three-mile radius and over 9,102 individuals within a five-mile radius of the property. The subject property is located off the main road that runs through Cazenovia, Albany Street. The street, also known as U.S. Route 20, has traffic counts in excess of 11,780 vehicles per day. Additionally, the town has excellent household income, with the average household income surpassing $101,000 within a three-mile radius.