32 Clinton St - Storefront FOR SALE


Gouverneur, NY 13642
$753,050 USD
332-345-4222
32 Clinton St, Gouverneur, NY for Sale
$753,050 USD
Storefront - FOR SALE
1/4
null | 10% Cap Rate

32 Clinton St
Gouverneur, NY 13642


HIGHLIGHTS

  • Landlord Responsible for Roof & Structure | New Roof as of 2018
  • Extremely Low Rent of $6.00/SF
  • Corporate Guaranty
  • Attractive Rental Increases! | 2% Annually in Each of the Three (3), Five (5)-Year Renewal Options
  • Aubuchon Hardware has Operated Here Since 1998 | Tenant has Exercised Multiple Renewal Options
  • Retail Corridor | Family Dollar, Tractor Supply, Save a Lot, Dollar General, USPS, Dunkin’ Donuts, McDonald’s and 7-Eleven

OVERVIEW

NNN Pro is pleased to present the exclusive listing for an Aubuchon Hardware located at 32 Clinton Street in Gouverneur, NY. The property consists of roughly 12,450 rentable square feet of building space on an estimated 0.38-acre parcel of land. This Aubuchon Hardware is subject to a recent five-year lease extension with approximately one year of lease term remaining. The current annual rent is $75,305 and is scheduled to increase by 2% annually throughout each of the three, five-year renewal options.

FOR SALE DETAILS

PRICE

$753,050 USD

PRICE/SF

$60 USD /SF

CAP RATE

10%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Aubuchon Hardware

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1970

SPRINKLERS

-

PARKING SPACES

50

LAND DETAILS

LAND ACRES

0.38 AC

LAND SF

16,553 SF

ZONING

R1

APN/PARCEL ID

404001-173-024-0008-002-000-0000

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.