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Strip Center 3881 NY-31 15,501 SF 100% Leased Retail Building Liverpool, NY 13090 $3,226,386 ($208.14/SF) 7% Cap Rate
INVESTMENT HIGHLIGHTS
- Great Underlying Real Estate
- Affluent Community
- Low Price Per SF
EXECUTIVE SUMMARY
NNN Pro is pleased to present the exclusive listing for a Strip Center located at 3881 Route 31, Liverpool, NY 13041. The site consists of roughly 15,501 rentable square feet of building space on an estimated 1.79-acre parcel of land. The current annual rent is $225,847. The property benefits from being in a dense retail corridor anchored by Home Depot and Target.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront
Building Size
15,501 SF
Building Class
C
Year Built
2011
Price
$3,226,386
Price Per SF
$208.14
Cap Rate
7%
NOI
$225,847
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.20
Lot Size
1.79 AC
Zoning
C-1 - Central zoning with light produciton.
Parking
30 Spaces (5.26 Spaces per 1,000 SF Leased)
Frontage
154’ on NY-31
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 312489-021-000-0001-008-001-0000 | Improvements Assessment | $25,800 |
| Land Assessment | $14,200 | Total Assessment | $40,000 |
PROPERTY TAXES
Parcel Number
312489-021-000-0001-008-001-0000
Land Assessment
$14,200
Improvements Assessment
$25,800
Total Assessment
$40,000
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Strip Center | 3881 NY-31
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