Aubuchon Hardware
Retail | 10.00% CAP | 12,450 SF
Marketing description
NNN Pro Group is pleased to present the exclusive listing for an Aubuchon Hardware located at 32 Clinton Street in Gouverneur, NY. The property consists of roughly 12,450 rentable square feet of building space on estimated 0.38-acre parcel of land. This Aubuchon Hardware is subject to a recent five-year lease extension with approximately one year of lease term remaining. The current annual rent is $75,305 and is scheduled to increase by 2% annually throughout each of the three, five-year renewal options.
Investment highlights
About the Investment
Landlord Responsible for Roof & Structure | New Roof as of 2018
Extremely Low Rent of $6.00/SF
Corporate Guaranty
Attractive Rental Increases! | 2% Annually in Each of the Three (3), Five (5)-Year Renewal Options
Aubuchon Hardware has Operated Here Since 1998 | Tenant has Exercised Multiple Renewal Options
About the Location
Retail Corridor | Family Dollar, Tractor Supply, Save a Lot, Dollar General, USPS, Dunkin’ Donuts, McDonald’s and 7-Eleven
Convenient Location in Downtown Retail Area | Main Shopping Center for Town
Less Than One Mile from Kinney Drugs Corporate Office and Headquarters
Strong Traffic Counts | Over 59,300 and 24,500 Vehicles Per Day Along Interstate 90 and nRidge Rd, Respectively
RRH Gouverneur Hospital | Located Less Than a Half Mile Away from this Aubuchon Hardware
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