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Bass Pro Shops 1579 Clark Street Rd

95,553 SF 100% Leased Retail Building Auburn, NY 13021 £6,509,984 (£68/SF) 6.25% Net Initial Yield

Investment Highlights

  • Bass Pro Shops Showing Long Term Commitment To Site
  • Corporate Guaranty from Outdoor World Inc
  • Extremely Strong Historical Sales Performance

Executive Summary

NNN Pro is pleased to present the Broker Opinion of Value for a Bass Pro Shops located at 1579 Clark Street Rd, Auburn, NY 13021. The site consists of roughly 95,553 rentable square feet of building space. This Bass Pro Shops is subject to a 15-year Modified Triple Net lease, which commenced 6/10/2004. The current annual rent is $520,000 and has scheduled increases of 10% in 2029.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Department Store
Building Size
95,553 SF
Year Built
2004
Price
£6,509,984
Price Per SF
£68
Net Initial Yield
6.25%
NOI
£406,874
Percent Leased
100%
Number of Floors
1
Building FAR
1.00
Land Acres
2.19 AC
Parking
889 Spaces
Frontage
1,967 ft on Eagle Drive

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
052089-115-013-0001-001-000-0000
Land Assessment
£190,527
Improvements Assessment
£2,313,313
Total Assessment
£2,503,840
  • Listing ID: 34134324

  • Date on Market: 09/12/2024

  • Last Updated:

  • Address: 1579 Clark Street Rd, Auburn, NY 13021

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