Description
Awesome investment opportunity in the Village of Liberty. 18,720 square foot building with retail space, repair shop and warehouse storage on second level and plenty of parking. Building is masonry construction with 4 overhead doors and sprinkler system. Napa Auto Parts is the current tenant and has been there 5 years with option to renew for 2 more 5-year terms. The owner is currently installing brand new thermal plastic roof system with a 20-year warranty. Tenants pay utilities and light maintenance along with plowing, water and sewer and their insurance for contents. Two lots included in sale total 1.24+/- acres. Cap rate is 9.7% with increases!! Average cars per day 10,000 plus! High visibility location, near exit ramps for NY 17 / I-86. Also available as part of investor bundle with Monticello and Jeffersonville locations.
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0BEDS
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1.24ACRES
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0BATHS
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01/2 BATHS
Description
Awesome investment opportunity in the Village of Liberty. 18,720 square foot building with retail space, repair shop and warehouse storage on second level and plenty of parking. Building is masonry construction with 4 overhead doors and sprinkler system. Napa Auto Parts is the current tenant and has been there 5 years with option to renew for 2 more 5-year terms. The owner is currently installing brand new thermal plastic roof system with a 20-year warranty. Tenants pay utilities and light maintenance along with plowing, water and sewer and their insurance for contents. Two lots included in sale total 1.24+/- acres. Cap rate is 9.7% with increases!! Average cars per day 10,000 plus! High visibility location, near exit ramps for NY 17 / I-86. Also available as part of investor bundle with Monticello and Jeffersonville locations.
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