10923 US Route 11 - Storefront FOR SALE


Adams, NY 13605
$2,461,500 USD
586-804-8449
10923 US Route 11, Adams, NY for Sale
$2,461,500 USD
Storefront - FOR SALE
1/4
null | 6.5% Cap Rate

10923 US Route 11
Adams, NY 13605


HIGHLIGHTS

  • Limited Direct Competition in the Immediate Area Strengthens Tenant Performance and Protects Long-Term Viability
  • Convenient Access to I-81, the Region’s Major North-South Artery Connecting Watertown, Syracuse, and the Canadian Border.
  • Excellent Frontage & Visibility with multiple Points of Ingress & Egress

OVERVIEW

Kinney Drugs has Been in Business Since 1903 and Has 100+ Locations Across New York & Vermont. Tenant has Successfully Operated at this Location Since 2002. Tenant Pays Below-Market Rent, Ensuring Long-Term Affordability and Reducing the Risk of Tenant Turnover.

FOR SALE DETAILS

PRICE

$2,461,500 USD

PRICE/SF

$222 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Kinney

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2001

SPRINKLERS

-

PARKING SPACES

40

LAND DETAILS

LAND ACRES

2.47 AC

LAND SF

107,593 SF

ZONING

0

APN/PARCEL ID

222089-108-017-0001-002-210

ASK ABOUT THIS PROPERTY

Robert MichilElevate Net Lease, LLCMore Info
586-804-8449

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Robert MichilElevate Net Lease, LLCMore Info
586-804-8449

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