Listed by Royal Properties Inc
$825,000
114-120 South Main St
Details
APN 83.311-4-47.200
Property Type Retail
Sub Type commercial
Square Footage 7,650
Units 1
Cap Rate 8.80%
NOI $72,911
Occupancy 100%
Tenancy Single
Brand/Tenant Dollar General
Lease Type NN
Lease Expiration 05/30/2028
Lease Options One (1) Five (5) Year
Year Built 1990
Year Renovated 2006
Buildings 1
Stories 1
Acreage 0.590
Zoning B3
Parking Spaces 15 spaces
Parking per 1,000 SqFt 1.96
Investment Type Net Lease
Lease Commencement 05/31/2003
Sale Condition For sale by owner
Retail | 8.80% CAP | 7,650 SqFt
Marketing description
Royal Properties, Inc. is pleased to exclusively present the opportunity to acquire a single tenant, double net lease. The subject property rests on a .59-acre lot on South Main Street in the Village of Ellenville, New York
Investment highlights
- Prime Retail Corner
- Single Tenant - Dollar General
- NN (Roof & Structure) Lease
- Lease Expires May 31, 2028 with 1-5 Year Option
- Great Exposure on South Main Street
- 14,082 Cars per Day Along Main Street
- Royal Properties, Inc. is pleased to exclusively present the opportunity to acquire a single tenant absolute net lease. The subject property rests on a .59-acre lot on South Main Street in the Village of Ellenville, New York.
- Prime Retail Corner
- Single Tenant - Dollar General
- NN (Roof & Structure) Lease
- Lease Expires May 31, 2028 with 1-5 Year Option
- Great Exposure on South Main Street
- 15 On-Site Parking Spaces
- Zoning: B3 - Highway Business
- NOI: $72,911.16
Listing Contacts
Listed by Royal Properties Inc
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$72,911.16
$6,075.93/mo
Valuation Metrics
0
DSCR
8.84%
Cap Rate
8.84%
ROI
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