1179 Vestal Ave - Retail FOR SALE


Binghamton, NY 13903- Southside East Binghamton
$1,150,000 USD
607-427-5998
1179 Vestal Ave, Binghamton, NY for Sale
$1,150,000 USD
Retail - FOR SALE
1/1
null | Request Cap Rate

1179 Vestal Ave
Binghamton, NY 13903
Southside East Binghamton


HIGHLIGHTS

  • Lease Terms: 1/1/2025 – 12/31/2027. Annual Rent: $110,400 NNN
  • Landlord responsible for: Roof, structure, HVAC replacement
  • (1) 3-year option to renew at $112,800/year NNN
  • Long term tenant
  • Out of 500-year flood plain
  • Metal corrugated siding added in 2021 along the western side of the building

OVERVIEW

Excellent investment opportunity! In an area of limited retail space. Close to Binghamton General Hospital.

FOR SALE DETAILS

PRICE

$1,150,000 USD

PRICE/SF

$135 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1975

SPRINKLERS

-

PARKING SPACES

17

LAND DETAILS

LAND ACRES

0.49 AC

LAND SF

21,257 SF

ZONING

-

APN/PARCEL ID

030200-160-072-0002-008-000-0000

ASK ABOUT THIS PROPERTY

Leo F. JonesCushman and Wakefield | Pyramid Brokerage CompanyMore Info
607-427-5998

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Leo F. JonesCushman and Wakefield | Pyramid Brokerage CompanyMore Info
607-427-5998

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