79 North St
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79 North St
16,644 SF Retail Building Dryden, NY 13053 £2,783,140 (£167/SF) 7% Net Initial Yield
Investment Highlights
- Absolute NNN Lease with Walgreens - Additional adjacent land also available
Executive Summary
Absolute Net Lease Walgreens for sale in Dryden, NY. Also available for an additional cost, adjacent development ground that has been pre-approved for up to 5,700 SF building with drive-thru option - complete with a separate right-out cub cut. The parcel sits on a 2.32 AC site with 344' frontage on State Route 13. The property has excellent access and visibility. There are 14 years remaining on an absolute triple net lease. Route 13 is the main retail corridor.
Data Room Click Here to Access
- Operating and Financials
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
16,644 SF
Building Class
C
Year Built
2018
Price
£2,783,140
Price Per SF
£167
Net Initial Yield
7%
NOI
£194,820
Tenancy
Single
Number of Floors
1
Building FAR
0.16
Lot Size
2.32 AC
Zoning
COM - Commerical Business
Parking
80 Spaces (4.81 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Signage
PROPERTY TAXES
| Parcel Number | 502401-009-000-0001-003-000-0000 | Improvements Assessment | £1,609,787 |
| Land Assessment | £160,979 | Total Assessment | £1,770,766 |
PROPERTY TAXES
Parcel Number
502401-009-000-0001-003-000-0000
Land Assessment
£160,979
Improvements Assessment
£1,609,787
Total Assessment
£1,770,766
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79 North St
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