6373 State Hwy 7
Milford, NY
Price:
$1,637,000
Cap Rate:
6.50%
NOI:
$106,416
Building Size:
Approx. 9,026 Sq. Ft.
Lot Size:
Approx. 2.19 Acres
Type:
Single-Tenant / Retail
Sub Category:
Dollar Store
Year Built:
2019
Investment Overview
- 2019 Construction. 9,026+/- SF Building on 2.19+/- Acre Site
- 15-Year Absolute NNN Lease w/ 10% Rent Bumps in Options
- Located along Hwy 7 “Main St”, a major east-west thoroughfare
- Milford is a town in Otsego County, along I-88 in Upstate New York
- Neighboring several college towns like Oneonta, Johnstown, Albany, Utica
- Local Attractions: National Baseball Hall of Fame | Otsego & Goodyear Lake
- Strong Income Demographics with an estimated $63,243 within a 3-Mile Radius