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79 North St 16,644 SF 100% Leased Retail Building Dryden, NY 13053 $3,481,885 ($209.20/SF) 7% Cap Rate
INVESTMENT HIGHLIGHTS
- Absolute NNN Lease with Walgreens - Additional adjacent land also available
- The property has excellent access and visibility.
EXECUTIVE SUMMARY
Absolute Net Lease Walgreens for sale in Dryden, NY. Also available for an additional cost, adjacent development ground that has been pre-approved for up to 5,700 SF building with drive-thru option - complete with a separate right-out cub cut. The parcel sits on a 2.32 AC site with 344' frontage on State Route 13. The property has excellent access and visibility. There are 14 years remaining on an absolute triple net lease. Route 13 is the main retail corridor.
DATA ROOM Click Here to Access
- Operating and Financials
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
16,644 SF
Building Class
C
Year Built
2018
Price
$3,481,885
Price Per SF
$209.20
Cap Rate
7%
NOI
$243,732
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.16
Lot Size
2.32 AC
Zoning
COM - Commerical Business
Parking
80 Spaces (4.81 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Signage
PROPERTY TAXES
| Parcel Number | 502401-009-000-0001-003-000-0000 | Improvements Assessment | $2,000,000 |
| Land Assessment | $200,000 | Total Assessment | $2,200,000 |
PROPERTY TAXES
Parcel Number
502401-009-000-0001-003-000-0000
Land Assessment
$200,000
Improvements Assessment
$2,000,000
Total Assessment
$2,200,000
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79 North St
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