518 State Route 13 - Convenience Store FOR SALE


Williamstown, NY 13493
$864,000 USD
248-702-0288
518 State Route 13, Williamstown, NY for Sale
$864,000 USD
Convenience Store - FOR SALE
1/7
null | 8.5% Cap Rate

518 State Route 13
Williamstown, NY 13493


HIGHLIGHTS

  • Double-Net (NN) Lease Structure – Tenant responsible for all expenses except roof and structure
  • Zero Competition: No Dollar Store Competition within an 8- mile radius
  • Modern Construction: Subject property was built in 2020
  • Strong Guarantee: Corporate Guarantee from Family Dollar Stores, Inc.
  • Built-In Rent Growth – 5% increases every 5 years during option periods
  • Strategic Regional Location: Positioned within 50 miles South of Syracuse

OVERVIEW

Double-Net (NN) Lease Structure – Tenant responsible for all expenses except roof and structure

FOR SALE DETAILS

PRICE

$864,000 USD

PRICE/SF

$94 USD /SF

CAP RATE

8.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Family Dollar

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2020

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.96 AC

LAND SF

85,378 SF

ZONING

01

APN/PARCEL ID

356200-160-003-0004-010-000-0000

ASK ABOUT THIS PROPERTY

Deno BistolaridesEncore Real Estate Investment ServicesMore Info
248-702-0288

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Deno BistolaridesEncore Real Estate Investment ServicesMore Info
248-702-0288

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