505 12Monroe, NY 10950

Property Details for 505 12

Year built

1985

Lot size

0.01 AC

Property size (Sq ft)

10,900 SF

Property type

Commercial real estate

Description

This exceptional investment opportunity presents a fully leased, triple-net (NNN) property situated at 505 State Route 208, Unit 10,11,12, Monroe, NY. The property encompasses a substantial 10,900 square feet and sits on a 0.01-acre lot. Currently occupied by Hudson Valley Radiology of RadNet Inc., a nationally recognized leader in medical imaging, this property offers a secure, long-term investment. The tenant, a highly reputable and financially stable entity, has a remaining lease term of eight years, providing consistent and predictable cash flow. The strategic location offers excellent visibility and accessibility, being directly across from the Route 17/86 entrance ramp, ensuring high traffic volume and convenient access for patients and staff. Adding to its appeal, the property enjoys a picturesque lake view at the rear. This turnkey investment requires minimal management, making it an ideal addition to any portfolio seeking stable returns and long-term growth potential. The asking price for this exceptional opportunity is $2,750,000. This property is a rare find in the Monroe, NY market, offering a combination of strong tenant occupancy, a prime location, and a substantial remaining lease term. Don't miss this chance to acquire a high-yield investment property with significant upside potential.

Location Insight

City

Monroe

County

Orange County

State

New York

Latitude

41.3475

Longitude

-74.1914

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