Listed by Sweeney Real Estate
$1,500,000
Ground Leased NNN Property For Sale
Details
Property Type Land, Retail
Sub Type Commercial, Storefront
Occupancy 100%
Tenancy Single
Lease Type NNN
Lease Expiration 04/01/2036
Remaining Term 9.8
Year Built 1953
Buildings 2
Stories 1
Acreage 1.370
Zoning Highway Commercial
Investment Type Net Lease
Ground Lease Yes
Ground Leased NNN Property For Sale
Marketing description
96 Cross Street is within the Granite Street Shopping Center. The property is ground leased with 10
years remaining in the term. In addition to ground rent, owner collects 30% of gross rents from
all property sub-tenants. The property is well suited for redevelopment or additional development upon
expiration of the ground lease.
•1.37± Acres of Land
•Highway Commercial Zone
•270± FT of Frontage
•5,476± SF Retail Building
•768± SF Garage
•Two (2) Overhead Doors
Listing Contacts
Listed by Sweeney Real Estate
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