29 Border City Rd - Freestanding FOR SALE


Geneva, NY 14456
$1,000,000 USD
480-252-0226
29 Border City Rd, Geneva, NY for Sale
$1,000,000 USD
Freestanding - FOR SALE
1/3
null | 9% Cap Rate

29 Border City Rd
Geneva, NY 14456


HIGHLIGHTS

  • New Triple Net Lease Structure
  • Strong Rental Growth
  • Expansive Site With Multiple Uses
  • Established Finger Lakes Market

OVERVIEW

Surmount is pleased to present the exclusive listing for a Border City Cone N Grill & Car Wash located at 29 Border City Road, Geneva, NY 14456. The site consists of roughly 5,061 rentable square feet of building space on an estimated 3.53-acre parcel of land. Border City Cone N Grill & Car Wash is subject to a 20-year Triple Net (NNN) lease which will commence upon close of escrow. The annual rent will be $90,000 and has scheduled increases of 2.00% Annually.

FOR SALE DETAILS

PRICE

$1,000,000 USD

PRICE/SF

$198 USD /SF

CAP RATE

9%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Border City Cone N Grill & Car Wash

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2010

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

3.53 AC

LAND SF

153,767 SF

ZONING

05

APN/PARCEL ID

453889-024-000-0001-001-011-0000

ASK ABOUT THIS PROPERTY

Jonathan EckerdSurmountMore Info
480-252-0226

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

Jonathan EckerdSurmountMore Info
480-252-0226

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