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Dunkin' 1462 Ny-28 940 SF 4-Star Retail Building West Hurley, NY 12491 $1,709,402 ($1,818.51/SF) 5.85% Cap Rate
INVESTMENT HIGHLIGHTS
- New 20-Year Ground Lease with 10% Increases Every 5 Years
- Signalized Corner Parcel to 21,585 VPD on the “Going-to-Work” Direction
- Strong and Proven Franchisee with ~180 Dunkin’ and Taco Bell Units
- Historic Hudson Valley Submarket; Restrictive to New Commercial Developments
EXECUTIVE SUMMARY
• New 20-Year Ground Lease with 10% Increases Every 5 Years
• Strong and Proven Franchisee with ~180 Dunkin’ and Taco Bell Units
• Signalized Corner Parcel to 21,585 VPD on the “Going-to-Work” Direction
• Historic Hudson Valley Submarket; Restrictive to New Commercial Developments
• Strong and Proven Franchisee with ~180 Dunkin’ and Taco Bell Units
• Signalized Corner Parcel to 21,585 VPD on the “Going-to-Work” Direction
• Historic Hudson Valley Submarket; Restrictive to New Commercial Developments
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
940 SF
Building Class
B
LoopNet Rating
4 Star
Year Built
2024
Price
$1,709,402
Price Per SF
$1,818.51
Cap Rate
5.85%
NOI
$100,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
0.50 AC
Zoning
I1
Parking
6 Spaces (6.38 Spaces per 1,000 SF Leased)
AMENITIES
- Drive Thru
PROPERTY TAXES
| Parcel Number | 2800-038.010-0007-009.000-0000 | Improvements Assessment | $0 |
| Land Assessment | $35,000 | Total Assessment | $35,000 |
PROPERTY TAXES
Parcel Number
2800-038.010-0007-009.000-0000
Land Assessment
$35,000
Improvements Assessment
$0
Total Assessment
$35,000
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Dunkin' | 1462 Ny-28
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