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NNN INVESTMENT OPPORTUNITY - Family Dollar 1915 Erie Blvd E 9,180 SF Retail Building Syracuse, NY 13210 $1,777,188 ($193.59/SF)
INVESTMENT HIGHLIGHTS
- NNN INVESTMENT OPPORTUNITY
- 8% cap rate
- Located within the Opportunity Zone
EXECUTIVE SUMMARY
Family Dollar NNN investment located in Syracuse, NY. Minimal landlord responsibilities. 15+ year historical occupancy and early option renewal demonstrating strong commitment to the location. Percentage rent that has been met and paid on more than one occasion. Access on both Erie Blvd. and Peat St. Roof replaced in 2021 with 15 year transferrable warranty. HVAC replaced in 2025. Site is located within the Opportunity Zone, offering tax incentives through a qualified opportunity fund. Last years fiscal sales were $225.00 per SF.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,180 SF
Building Class
B
Year Built
2010
Price
$1,777,188
Price Per SF
$193.59
Tenancy
Single
Building Height
1 Story
Building FAR
0.21
Lot Size
1.00 AC
Opportunity Zone
Yes
Zoning
CM - Commercial
Parking
30 Spaces (3.27 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Bus Line
- Signage
Walk Score®
Very Walkable (75)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 311500-032-001-0001-017-000-0000 | Improvements Assessment | $660,000 |
| Land Assessment | $300,000 | Total Assessment | $960,000 |
PROPERTY TAXES
Parcel Number
311500-032-001-0001-017-000-0000
Land Assessment
$300,000
Improvements Assessment
$660,000
Total Assessment
$960,000
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NNN INVESTMENT OPPORTUNITY - Family Dollar | 1915 Erie Blvd E
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