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Verizon Wireless 350 Hamilton St

2,105 SF Retail Building Geneva, NY 14456 £465,558 (£221/SF) 5.84% Net Initial Yield

Investment Highlights

  • Low Price Point
  • Adjacent Pad to Wegmans
  • Strong Frontage & High Traffic Counts
  • Potential Upside
  • Corporate Lease
  • Dense Retail Corridor

Executive Summary

NNN Pro is pleased to present the exclusive listing for a Verizon located at 350 Hamilton Street, Geneva, NY 14456. The site consists of roughly 1,437 rentable square feet of building space on an estimated 0.164-acre parcel of land. This Verizon is subject to a 7-year Triple Net (NNN) lease, which commenced 11/30/2006. The current annual rent is $34,775.

Attachments

Verizon - Geneva, NY-compressed (1)

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
2,105 SF
Year Built
1940
Price
£465,558
Price Per SF
£221
Net Initial Yield
5.84%
NOI
£27,186
Tenancy
Single
Number of Floors
1
Building FAR
0.28
Land Acres
0.17 AC
Zoning
H
Parking
18 Spaces (8.55 Spaces per 1,000 SF Leased)
Frontage
43 ft on Hamilton St
1 of 1

PROPERTY TAXES

Parcel Numbers
Multiple
  • 320500-104-014-0005-046-000-0000
  • 320500-104-014-0005-047-000-0000
 Improvements Assessment £791,057
Land Assessment £244,124 Total Assessment £1,035,181

PROPERTY TAXES

Parcel Numbers
Multiple
  • 320500-104-014-0005-046-000-0000
  • 320500-104-014-0005-047-000-0000
Land Assessment
£244,124
Improvements Assessment
£791,057
Total Assessment
£1,035,181
(332) 345-4222

  • Listing ID: 34011847

  • Date on Market: 26/11/2024

  • Last Updated:

  • Address: 350 Hamilton St, Geneva, NY 14456

The Retail Property at 350 Hamilton St, Geneva, NY 14456 is currently available For Sale. Contact NNN Pro Group for more information.

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350 Hamilton St, Geneva, NY for sale Building Photo- Image 1 of 4
GROUND IMAGES (6)-edit
350 Hamilton St, Geneva, NY for sale Building Photo- Image 2 of 4
Retail Aerial (To Be Completed) (43)
350 Hamilton St, Geneva, NY for sale Building Photo- Image 3 of 4
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© 2024 CoStar Group

Verizon Wireless | 350 Hamilton St
(332) 345-4222 x

Verizon Wireless | 350 Hamilton St

1/2

Glen Kunofsky

(332) 345-4222

(332) 345-4222

Cassandra Mosser

(480) 339-4331

(480) 339-4331

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