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Investment Highlights
- Two Tenants triple net lease
- Excellent location
- New building
Executive Summary
Outstanding two-tenant net-leased investment opportunity at 2290 Downer Street Road in Baldwinsville. Built in 2021, this approximately 5,868-square-foot commercial property is occupied by Valvoline and an urgent-care provider under long-term triple-net leases. Combined initial annual rent is approximately $130,950, with scheduled rent increases of approximately 10% every five years. The modern facility includes three service bays, attractive commercial construction, a full basement and excellent visibility along Downer Street Road. Situated on approximately 1.06 acres with roughly 200 feet of road frontage and convenient access near Meigs Road. The two-tenant configuration provides diversified income, while the NNN lease structure offers investors a comparatively passive ownership opportunity with limited landlord expense obligations. An attractive option for a 1031 exchange buyer or investor seeking long-term contractual income and built-in rental growth. Property is offered subject to existing leases. Financial information, leases and supporting documentation are available to qualified buyers upon execution of a confidentiality agreement.
Property Facts
Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Building Size
5,868 SF
Building Class
B
Year Built
2021
Price
$2,500,000
Price Per SF
$426.04
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
1.71 AC
Zoning
LB - Business District
Frontage
387’ on Downer
Amenities
- Drive Thru
- Storage Space
- Air Conditioning
- Smoke Detector
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $300,000 | |
| Land Assessment | $302,100 | Total Assessment | $602,100 |
Property Taxes
Parcel Numbers
Land Assessment
$302,100
Improvements Assessment
$300,000
Total Assessment
$602,100
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Contact the Sale Advisor
2290 Downer Street Rd



