125 Genesee StFayetteville, NY 13066
High-Yield NNN Lease, Prime Location
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 117
Highlights
- Brand-new, 3,500 SF Splash Car Wash in Fayetteville, NY.
- 20-year absolute NNN ground lease with corporate guarantee, commencing July 1, 2024.
- 10% rent increases every five years, plus three five-year renewal options.
- 6.00% cap rate, $212,500 current NOI, $3,541,666 asking price.
- 0.9-acre lot in Target-anchored shopping center with over 5.9 million annual shoppers.
Property Details for 125 Genesee St
- Property type
- Retail properties, Auto shops
- Square Feet
- 3,500 SF
- Year Built
- 2024
- Lot Size (sq. ft)
- 39,204 SF
Location Insight
- City
- Fayetteville
- County
- Onondaga
- State
- New York
- Latitude
- 43.0289944
- Longitude
- -76.0139625
Nearby Similar for Sale
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