5140 Commercial Dr - Manufacturing FOR SALE
Yorkville, NY 13495 |
$1,180,000 USD
248-848-4136
5140 Commercial Dr
Yorkville, NY 13495
HIGHLIGHTS
- The vacancy rate within a three-mile radius there are ±9.9MM SF of retail space with a vacancy rate of ±1.0%.
- Surrounded by other auto retailers and servicers such as Nissan, Toyota, Honda, Chrysler, Ram, Dodge, Jeep, Subaru, Volkswagen, Chevrolet, and more.
- Subject has direct frontage and signage on Commercial Drive, a retail thoroughfare that sees ±18,000 vehicles per day
- Subject has direct access to New York State Route 5A via Commercial Drive, which provides convenient access to the entire regional expressway system.
- There are currently only two Gerber Collisions on the market nationwide.
OVERVIEW
Can be sold in a portfolio with Gerber Collision - 973 Hertel Ave - Buffalo NY. The Gerber Collision lease has a corporate guarantee by the Boyd Group (TSX:BYD). Gerber Collision is a service-oriented and recession resistant tenant. Within a five-mile radius there is a population of over 108,000 people with an average household income of over $74,000.
FOR SALE DETAILS
PRICE
$1,180,000 USD
PRICE/SF
$51 USD /SF
CAP RATE
7.97%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Industrial
PROPERTY SUBTYPE
Manufacturing
TOTAL BUILDING SIZE
-
STORIES
2
YEAR BUILT
1957
UTILITIES
-
CLEAR CEILING HT
30 Ft
DOCKS
2
DRIVE INS
2
PARKING SPACES
60
LAND DETAILS
LAND ACRES
2.19
LAND SF
95,396
ZONING
05
APN/PARCEL ID
305-018-0003-031-000-0000
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248-848-4136
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248-848-4136
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