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WellNow 190 Harte Haven Plz 3,500 SF Retail Building Massena, NY 13662 $1,950,000 ($557.14/SF) 7% Cap Rate


EXECUTIVE SUMMARY
NNN Pro is pleased to present the exclusive listing for a WellNow located at 190 Harte Haven Plaza, Massena, NY 13662. The site consists of roughly 3,500 rentable square feet of building space on an estimated 0.746-acre parcel of land. This WellNow is subject to a 10-year Double Net (NN) lease, which commenced 12/31/2021. The current annual rent is $136,500 and has scheduled increases of 8.00% every 5 years.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Building Size
3,500 SF
Building Class
B
Year Built
2021
Price
$1,950,000
Price Per SF
$557.14
Cap Rate
7%
NOI
$136,500
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
0.75 AC
Opportunity Zone
Yes
Parking
117 Spaces (33.43 Spaces per 1,000 SF Leased)
Frontage
204’ on HARTE HAVEN PLZ
Walk Score®
Very Walkable (71)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 405801 9.075-9-4 | Improvements Assessment | $1,475,000 |
| Land Assessment | $125,000 | Total Assessment | $1,600,000 |
PROPERTY TAXES
Parcel Number
405801 9.075-9-4
Land Assessment
$125,000
Improvements Assessment
$1,475,000
Total Assessment
$1,600,000
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WellNow | 190 Harte Haven Plz
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