1133 NY-22, Cambridge, NY - Retail For Sale
This well-maintained 15,103 square foot commercial building presents a lucrative investment opportunity with a long-term lease to a nationally recognized tenant, Dollar General. The property is offered at an attractive 8% capitalization rate. Located on a sprawling 5-acre lot, the property features a newly paved parking lot and upgraded lighting, ensuring a welcoming and safe environment for customers and tenants alike.Dollar General has been the anchor tenant since 2006, occupying 81% of the building. The remaining 19% is leased as storage space to another tenant, providing additional, stable rental income.The lease is structured as a Triple Net (NNN) lease, The property is offered at an attractive 7.6% capitalization rate delivering strong returns on investment.
Property Details
- Sale/Lease: Sale
- MLS#: 202600168
- Major Use: Retail
- Subuse: Retail
- Available: 0 +/-SF
- Price: $1,025,000
