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Rent-A-Center 22 Clinton St 29,232 SF Retail Building Gouverneur, NY 13642 $510,000 ($17.45/SF) 7.79% Cap Rate
INVESTMENT HIGHLIGHTS
- Long-Term Double Net (NN) Lease
- Long-Term Tenant and Recently Renovated
- Dense Retail Corridor
- Strong Corporate Guarantee
- Strong Traffic Counts
- Compelling Academic and Medical Presence
EXECUTIVE SUMMARY
NNN Pro is pleased to present the exclusive listing for a Rent-A-Center located at 22 Clinton Street, Gouverneur, NY 13643. The site consists of roughly 6,200 rentable square feet of building space on an estimated 0.64-acre parcel of land. This Rent-A-Center is subject to a 7-year Double Net (NN) lease, which commenced 10/6/1996. The current annual rent is $39,714 and has scheduled increases of flat.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Building Size
29,232 SF
Building Class
B
Year Built/Renovated
1950/2023
Price
$510,000
Price Per SF
$17.45
Cap Rate
7.79%
NOI
$39,714
Tenancy
Single
Building Height
1 Story
Building FAR
1.05
Lot Size
0.64 AC
Zoning
R1 - Low density residential
Parking
52 Spaces (1.78 Spaces per 1,000 SF Leased)
Frontage
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 404001-173-032-0002-001-000-0000 | Improvements Assessment | $198,320 |
| Land Assessment | $7,300 | Total Assessment | $205,620 |
PROPERTY TAXES
Parcel Number
404001-173-032-0002-001-000-0000
Land Assessment
$7,300
Improvements Assessment
$198,320
Total Assessment
$205,620
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Rent-A-Center | 22 Clinton St
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