7-Eleven Relocation Store Garnerville, NY

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