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3229-3235 State St 3,908 SF 100% Leased Retail Building Caledonia, NY 14423 $595,999 ($152.51/SF) 10.77% Cap Rate
INVESTMENT HIGHLIGHTS
- Upstate Bottle Return 5 Year Sale Lease-back
- 10.27% Cap - Motivated Seller
- 2 Single Tenant Freestanding Buildings On One Tax Parcel
EXECUTIVE SUMMARY
Upstate Bottle Return 5 Year Sale Lease-back.
2 Single Tenant Free Standing Buildings On One Tax Parcel
Motivated Seller
Smoothie Shop
Smoke Shop
2 Single Tenant Free Standing Buildings On One Tax Parcel
Motivated Seller
Smoothie Shop
Smoke Shop
PROPERTY FACTS
Sale Type
Investment
Sale Condition
Sale Leaseback
Property Type
Retail
Property Subtype
Freestanding
Building Size
3,908 SF
Building Class
C
Year Built
1960
Price
$595,999
Price Per SF
$152.51
Cap Rate
10.77%
NOI
$64,187
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.09
Lot Size
0.96 AC
Zoning
Caledonia
Parking
15 Spaces (3.84 Spaces per 1,000 SF Leased)
Frontage
69’ on North St
AMENITIES
- Air Conditioning
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Caledonia Bottle & Can Retrieval Center
- -
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Caledonia Bottle & Can Retrieval Center | - | - | - | - |
PROPERTY TAXES
| Parcel Number | 242201-008-009-0002-059-000-0000 | Improvements Assessment | $120,500 |
| Land Assessment | $29,600 | Total Assessment | $150,100 |
PROPERTY TAXES
Parcel Number
242201-008-009-0002-059-000-0000
Land Assessment
$29,600
Improvements Assessment
$120,500
Total Assessment
$150,100
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3229-3235 State St
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