408 State Route 3 - Restaurant FOR SALE


Plattsburgh, NY 12901
$3,525,000 USD
844-585-7682
408 State Route 3, Plattsburgh, NY for Sale
$3,525,000 USD
Restaurant - FOR SALE
1/6
null | 6% Cap Rate

408 State Route 3
Plattsburgh, NY 12901


HIGHLIGHTS

  • Single-Tenant Corporate Panera Bread Relocation Store with Drive-Thru
  • Corporate Relocation Site with Drive-Thru, Demonstrating the Tenant’s Long-Term Commitment to the Site
  • Located 5 Minutes (1.3 Miles) from Plattsburgh’s Largest Employer, UVM Health Network - Champlain Valley Hospital (2,100 Employees)
  • Close Proximity to State University of New York-Plattsburgh with 4,417 Students and 1,268 Employees (2024)
  • Great Visibility from NY Highway-3 (30,000+ CPD) and Adjacent to I-87
  • Located in the Heart of Plattsburgh’s Main Retail Corridor

OVERVIEW

Corporate Absolute NNN Lease | Relocation Store with Huge Reported Sales | Main Commercial Hub for the Northern Adirondack Mountains

FOR SALE DETAILS

PRICE

$3,525,000 USD

PRICE/SF

$806 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Panera | Plattsburgh, NY

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2020

SPRINKLERS

-

PARKING SPACES

38

LAND DETAILS

LAND ACRES

1.07 AC

LAND SF

46,773 SF

ZONING

C

APN/PARCEL ID

094200-206-004-0003-012-000-0000

ASK ABOUT THIS PROPERTY

Jeff LefkoHanley Investment GroupMore Info
844-585-7682

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Jeff LefkoHanley Investment GroupMore Info
844-585-7682

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