5453 Bay Rd S - Auto Repair FOR SALE
North Syracuse, NY 13212 |
$2,190,391 USD
201-661-1238
5453 Bay Rd S
North Syracuse, NY 13212
HIGHLIGHTS
- Excellent Corporate Guarantee from Leading Tire Retailer
- Robust Unit - Level Performance
- Positioned Near Driver's Village, Central New York's Premier Auto Destination
- Prime Positioning Near a Major Regional Airport
- Affluent Trade Area with a Stable Employment Anchor
- Proximity to Micron's Historic Semiconductor Investment
OVERVIEW
Surmount is pleased to present the exclusive listing for a Midas located at 5453 South Bay Road, North Syracuse, NY 13212. The site consists of roughly 4,038 rentable square feet of building space. Midas is subject to a 20-year Triple Net (NNN) lease which commenced on September 1, 2026. The annual rent is $128,138 and has scheduled increases of 1.50% Annually Starting Year 7.
FOR SALE DETAILS
PRICE
$2,190,391 USD
PRICE/SF
$542 USD /SF
CAP RATE
5.85%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Midas
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Auto Repair
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1975
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.35 AC
LAND SF
15,398 SF
ZONING
05 - COMME
APN/PARCEL ID
312489-118-000-0001-005-000-0000
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201-661-1238
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201-661-1238
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