1579 Clark Street Rd - Department Store FOR SALE


Auburn, NY 13021
$8,320,000 USD
332-345-4222
1579 Clark Street Rd, Auburn, NY for Sale
$8,320,000 USD
Department Store - FOR SALE
1/2
null | 6.25% Cap Rate

1579 Clark Street Rd
Auburn, NY 13021


HIGHLIGHTS

  • Bass Pro Shops Showing Long Term Commitment To Site
  • Extremely Strong Historical Sales Performance
  • Corporate Guaranty from Outdoor World Inc

OVERVIEW

NNN Pro is pleased to present the Broker Opinion of Value for a Bass Pro Shops located at 1579 Clark Street Rd, Auburn, NY 13021. The site consists of roughly 95,553 rentable square feet of building space. This Bass Pro Shops is subject to a 15-year Modified Triple Net lease, which commenced 6/10/2004. The current annual rent is $520,000 and has scheduled increases of 10% in 2029.

FOR SALE DETAILS

PRICE

$8,320,000 USD

PRICE/SF

$87 USD /SF

CAP RATE

6.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Bass Pro Shops

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Department Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2004

SPRINKLERS

-

PARKING SPACES

889

LAND DETAILS

LAND ACRES

2.19 AC

LAND SF

95,396 SF

ZONING

-

APN/PARCEL ID

052089-115-013-0001-001-000-0000

ASK ABOUT THIS PROPERTY

Glen KunofskyNNN Pro GroupMore Info
332-345-4222

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Glen KunofskyNNN Pro GroupMore Info
332-345-4222

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.