125 Genesee St Fayetteville, NY 13066
High-Yield NNN Lease, Prime Location
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 138
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
FAQs
- What type of property is this?
- Retail property - High-Yield NNN Lease, Prime Location
- Where is the retail property located?
- The property is located at 125 Genesee St Fayetteville, NY.
- What is the asking price?
- The asking price for this property is $3,541,666.
- What are key features of this property?
- This property features: 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.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].