11 Maple Avenue, Catskill, NY - Retail For Sale
This stand-alone WellNow Urgent Care/St. Peter's Health Partner JV investment property is located at 11 Maple Avenue in Catskill, New York has 8+ years remaining on their 10-year lease with two (2), 5-year renewal options. The lease includes attractive 10% rental increases every five years throughout the initial term and renewal option periods. Attractive 6.5% cap rate. WellNow is part of the Aspen Dental ownership. Tenant reimburses for all real estate taxes, insurance, and their pro-rata share of common area maintenance, which is handled by the owner of the Harbor Freight & Advance Auto Parts Property. RECESSION & E-COMMERCE RESISTANT TENANT. Agent is owner and co listing with Horvath Tremblay. Call agent for information.
Property Details
- Sale/Lease: Sale
- MLS#: 202400652
- Major Use: Retail
- Subuse: Medical/Dental
- Available: 3,515 +/-SF
- Price: $2,487,538
The data relating to real estate for sale/lease on this website comes in part from the Internet Data Exchange Program of Commercial and Industrial Real Estate Brokers. Commercial and Industrial Real Estate Brokers deems information reliable but not guaranteed. This listing courtesy of Tri Capital Realty, (518) 858-2637. Information should be considered reliable but is not guaranteed.
