226 Bridge StCatskill, NY 12414
For Sale
$1,850,000
High-yield NNN retail investment. 1 year remaining lease.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 126
Highlights
- 11,084 SF single-story retail building on a 1.8-acre lot in Catskill, NY.
- Located at a prominent 5-way intersection of Highway 9W and Cauterskill Avenue.
- Net-leased to Walgreens with approximately one year remaining on the lease (expiring November 30, 2025).
- Credit-rated tenant with corporate guarantee; strong financial security.
- Asking price: $1,850,000 ($166.91/SF); 10.94% cap rate; $202,372 NOI.
- Includes a drive-thru; significant redevelopment potential.
Property Details for 226 Bridge St
- Property type
- Retail properties, Drug stores
- Square Feet
- 11,084 SF
- Year Built
- 1997
- Buildings
- 1
- Stories
- 1
- Lot Size (sq. ft)
- 78,408 SF
Location Insight
- City
- Catskill
- County
- Greene
- State
- New York
- Latitude
- 42.2151796
- Longitude
- -73.8799004
226 Bridge St, Catskill, New York
Nearby Similar for Sale
FAQs
- What type of property is this?
- Retail property - High-yield NNN retail investment. 1 year remaining lease.
- Where is the retail property located?
- The property is located at 226 Bridge St Catskill, NY.
- What is the asking price?
- The asking price for this property is $1,850,000.
- What are key features of this property?
- This property features: 11,084 SF single-story retail building on a 1.8-acre lot in Catskill, NY.; Located at a prominent 5-way intersection of Highway 9W and Cauterskill Avenue.; Net-leased to Walgreens with approximately one year remaining on the lease (expiring November 30, 2025).
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