Property Details

Property Type: Retail

Subtype: Restaurant, Storefront

Investment Type: Net Lease

Lease Type: NNN

Tenancy: Single

Square Footage: 6,500

Year Built: 1980

Buildings: 3

Zoning: Waterfront Mixed Use

Lot Size (acres): 0.93

Asking Details

Asking Price: $595,000

Asking Cap Rate: 6%

Marketing Description

(3) buildings with single tenant NNN lease for sale with a 6% return. 2,300 SF fully equipped restaurant, 4,000 SF 2-story meeting/event building and a small bakery building. Highly visible location, next to Price Chopper Plaza (11,500+ VPD) Waterfront Mixed Use zoning uses include multifamily, office, retail and drive-thru. Low electricity costs because of in-place solar panel leasing agreement. Call for more info.

Categories: Past Transactions