518 State Route 13 - Convenience Store FOR SALE


Williamstown, NY 13493
$1,040,000 USD
332-345-4222
518 State Route 13, Williamstown, NY for Sale
$1,040,000 USD
Convenience Store - FOR SALE
1/2
null | 7.06% Cap Rate

518 State Route 13
Williamstown, NY 13493


HIGHLIGHTS

  • Double Net (NN) Lease with Minimal Landlord Responsibilities | There are over 5 years remaining on the original 10 year lease.
  • Corporate Guarantee (NASDAQ: DLTR)
  • Located on Main Throughway in the Region | The subject property is located on NY-13, which is one of the main throughways in the region.

OVERVIEW

NNN Pro is pleased to present the Offering Memorandum for a Family Dollar located at 518 State Route 13, Williamstown, NY 13493. The site consists of roughly 9,180 rentable square feet of building space on an estimated 1.96-acre parcel of land. This Family Dollar is subject to a 10-year Double Net (NN) lease, which commenced 11/26/2019. The current annual rent is $73,440 and has scheduled increases in the option periods.

FOR SALE DETAILS

PRICE

$1,040,000 USD

PRICE/SF

$113 USD /SF

CAP RATE

7.06%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Family Dollar

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2020

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.96 AC

LAND SF

85,378 SF

ZONING

01

APN/PARCEL ID

356200-160-003-0004-010-000-0000

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.