40 State Highway 310 - Drug Store FOR SALE


Canton, NY 13617
$3,000,000 USD
315-424-1111
40 State Highway 310, Canton, NY for Sale
$3,000,000 USD
Drug Store - FOR SALE
1/2
null | 7% Cap Rate

40 State Highway 310
Canton, NY 13617


OVERVIEW

Introducing an exceptional investment opportunity at 40 State Highway 310, Canton, NY 13617! This property features a corporate Kinney Drugs lease, offering a stable income stream from a well-established regional pharmacy chain known for its strong brand presence. Situated near major educational institutions like St. Lawrence University and SUNY Canton, as well as popular retail centers and residential neighborhoods, this location enjoys a robust customer base since 1993. Boasting excellent access, exposure, and high daily traffic counts, this property guarantees visibility and accessibility for any business. With 5 years remaining on the current lease and 4-5 year renewal options, this investment is primed for long-term success. The surrounding demographics showcase a growing population, high median household incomes, and a significant employee base, ensuring a thriving market for potential businesses. Don't miss out on this prime investment opportunity! Contact Sutton Real Estate Company today for more details and secure your future at 40 State Highway 310, Canton, NY 13617!

FOR SALE DETAILS

PRICE

$3,000,000 USD

PRICE/SF

$247 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1993

SPRINKLERS

-

PARKING SPACES

100

LAND DETAILS

LAND ACRES

2.1 AC

LAND SF

91,476 SF

ZONING

01

APN/PARCEL ID

402201-088-036-0004-004-000-0000

ASK ABOUT THIS PROPERTY

Barton FeinbergSutton Real Estate Company, LLCMore Info
315-424-1111

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Barton FeinbergSutton Real Estate Company, LLCMore Info
315-424-1111

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