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218 Denison Pky E
Corning, NY 14830

Retail Property For Sale

Investment Highlights

  • Amazing investment opportunity!

Executive Summary

Corning Dental Associates is only selling the building & looking for a lease back. The business itself isn't going anywhere. Tenant pays $8500 per month on a triple net lease. Currently have a 7 year lease with a option for a 5 year extension.
Seller's are willing to do a new lease, 10 years with another 10 year option.

PROPERTY FACTS Under Contract

Sale Type
Investment
Sale Condition
Sale & Leaseback
Property Type
Retail
Building Size
6,670 SF
Building Class
C
Year Built
1974
Price
£779,823
Price Per SF
£117
Net Initial Yield
10.50%
NOI
£81,881
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.29
Lot Size
0.52 AC
Zoning
RT

Links

PROPERTY TAXES

Parcel Number 460300-318-046-0001-021-000 Improvements Assessment £539,574
Land Assessment £70,893 Total Assessment £610,467

PROPERTY TAXES

Parcel Number
460300-318-046-0001-021-000
Land Assessment
£70,893
Improvements Assessment
£539,574
Total Assessment
£610,467
 

  • Listing ID: 32670750

  • Date on Market: 02/08/2024

  • Last Updated:

  • Address: 218 Denison Pky E, Corning, NY 14830

The Retail Property at 218 Denison Pky E, Corning, NY 14830 is currently available for sale. Contact Howard Hanna Real Estate Services for more information.

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