For Sale
$2,000,000
357 Cornelia St Plattsburgh, NY 12901
High-Yield Family Dollar Net Lease
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 128
Highlights
- 10,908 SF retail property in Plattsburgh, NY, subleased to Family Dollar.
- High-traffic location on Cornelia Street (31,300 VPD) in a dense retail corridor with national retailers including Lowe's, Walmart, and Sam's Club.
- 100% occupancy, strong NOI of $305,479, and a 15.27% cap rate.
- Asking price: $2,000,000 ($183.35/SF). NNN lease with approximately 3.7 years remaining (expires August 9, 2028).
- Serves a population of over 34,306 within a five-mile radius.
Property Details for 357 Cornelia St
- Property type
- Retail properties, Drug stores
- Square Feet
- 10,908 SF
Location Insight
- City
- Plattsburgh
- County
- Clinton
- State
- New York
- Latitude
- 44.6964575
- Longitude
- -73.4825576
357 Cornelia St, Plattsburgh, New York
Nearby Similar for Sale
FAQs
- What type of property is this?
- Retail property - High-Yield Family Dollar Net Lease
- Where is the retail property located?
- The property is located at 357 Cornelia St Plattsburgh, NY.
- What is the asking price?
- The asking price for this property is $2,000,000.
- What are key features of this property?
- This property features: 10,908 SF retail property in Plattsburgh, NY, subleased to Family Dollar.; High-traffic location on Cornelia Street (31,300 VPD) in a dense retail corridor with national retailers including Lowe's, Walmart, and Sam's Club.; 100% occupancy, strong NOI of $305,479, and a 15.27% cap rate.
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