Log In/Sign Up
Your email has been sent.
Walgreens 3948 State Route 281 14,490 SF Retail Building Cortland, NY 13045 $4,606,000 ($317.87/SF) 8.25% Cap Rate
Investment Highlights
- 7 Years Remaining | Options To Extend | Termination Options
- Strong Demographics In 5-Mile Trade Area
- NNN | Fee Simple Ownership | Zero Landlord Responsibilities
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
14,490 SF
Building Class
B
Year Built
2006
Price
$4,606,000
Price Per SF
$317.87
Cap Rate
8.25%
NOI
$379,995
Tenancy
Single
Building Height
1 Story
Building FAR
0.24
Lot Size
1.40 AC
Zoning
C-2
Parking
48 Spaces (3.31 Spaces per 1,000 SF Leased)
Frontage
322’ on New York 281
Amenities
- Corner Lot
- Signage
- Drive Thru
Nearby Major Retailers
Property Taxes
| Parcel Number | 112289-086-013-0001-049-000-0000 | Improvements Assessment | $1,484,400 |
| Land Assessment | $500,000 | Total Assessment | $1,984,400 |
Property Taxes
Parcel Number
112289-086-013-0001-049-000-0000
Land Assessment
$500,000
Improvements Assessment
$1,484,400
Total Assessment
$1,984,400
1 of 6
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Walgreens | 3948 State Route 281
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.