170 West Railroad Avenue
Garnerville, NY
Price:
$7,870,500
Cap Rate:
5.40%
NOI:
$425,000
Building Size:
Approx. 3,032 Sq. Ft.
Lot Size:
Approx. 1.2 Acres
Type:
Single-Tenant / Retail
Sub Category:
Convenience / Gas
Year Built:
2023
Investment Overview
- 2023 Construction. 3,032+/- SF Building on 1.20+/- Acre Site
- 15-Year Absolute NNN Lease w/ 10% Rental Increases Every 5 Years and During the Option Periods
- Strong Traffic Counts on Railroad Ave (12,891 VPD) & Just Off of N. Central Hwy (14,788 VPD)
- Near Samonsdale Plaza – Stop & Shop Anchored Shopping Center – National Retailers Include Advance Auto, Sports Clips, KFC, & More.
- Located 1 Mile from Helen Hayes Hospital and Within an Hour of Three Major International Airports
- 7-Eleven (S&P Rated A) is the Largest Chain Store Operator in the World
- Garnerville | Located Within 40 Minutes form New York City | Median HH Income: $91,310