7922 Brewerton Rd - Freestanding FOR SALE


Cicero, NY 13039
$11,975,000 USD
315-736-1555
7922 Brewerton Rd, Cicero, NY for Sale
$11,975,000 USD
Freestanding - FOR SALE
1/3
null | Request Cap Rate

7922 Brewerton Rd
Cicero, NY 13039


OVERVIEW

This trophy asset is located within an exceptionally strong retail corridor and immediately adjacent to Wegmans, Chick-Fil-A and Starbucks. The newly proposed Micron chip plant plans to invest $50,000,000.00 in its new facilities through 2030. The well below market rent with 6 years remaining on its primary term and two 5-year options provides plenty of upside. This acquisition is a tremendous opportunity to become a landlord to a tenant who owns approximately 90% of it’s locations.

FOR SALE DETAILS

PRICE

$11,975,000 USD

PRICE/SF

$116 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Home Depot | Absolute Net Lease Investment

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1996

SPRINKLERS

-

PARKING SPACES

341

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

312289-043-000-0001-010-001-0000

ASK ABOUT THIS PROPERTY

Dominic PaviaPavia Real Estate ServicesMore Info
315-736-1555

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Dominic PaviaPavia Real Estate ServicesMore Info
315-736-1555

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