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312 Fayette St
Manlius, NY 13104
CVS Pharmacy · Retail Property For Sale
Investment Highlights
- Newly built
- Highly-leveraged zero cash flow investment
- New NNN 25-year lease with 10 five-year extensions
- Perfect 1031 exchange asset
Property Facts
Property Type
Retail
Property Subtype
Drug Store
Building Size
13,884 SF
Building Class
B
Year Built
2016
Tenancy
Single
Building Height
1 Story
Building FAR
0.21
Lot Size
1.49 AC
Zoning
Commercial
Frontage
About 312 FAYETTE ST , MANLIUS, NY 13104
Rare opportunity to acquire a newly-built CVS Pharmacy. 3.901% loan that fully amortizes prior to the expiration of the lease and contains pay-down/re-advance feature, allowing an investor to meet a larger exchange requirement and purchase the asset for limited equity
Property Taxes
| Parcel Number | 313803-024-000-0001-012-002-0000 | Improvements Assessment | $4,936,000 |
| Land Assessment | $136,000 | Total Assessment | $5,072,000 |
Property Taxes
Parcel Number
313803-024-000-0001-012-002-0000
Land Assessment
$136,000
Improvements Assessment
$4,936,000
Total Assessment
$5,072,000
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