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Portfolio: Cuddebackville, NY , 1035 US Route 209 9,224 SF Retail Building Cuddebackville, NY 12729 $2,059,818 CAD ($223.31 CAD/SF) 7.50% Cap Rate
Investment Highlights
- EXCELLENT 1031TD PORTFOLIO for approx $3 mill
Executive Summary
INVESTMENT HIGHLIGHTS
• 9,224 SF Dollar General METRO Store | Full Brick Exterior
• Triple Net (NNN) 6Year Lease with No Landlord Responsibilities
• Four Five Year Options | 10% Rent Increases at Each Option
• Corporate Guarantee | “BBB” S&P Rating
20 Miles Southwest of Poughkeepsie
“Town Center” Location with Limited Competition
Strong AHHI $78,710 within 5 miles
• 9,224 SF Dollar General METRO Store | Full Brick Exterior
• Triple Net (NNN) 6Year Lease with No Landlord Responsibilities
• Four Five Year Options | 10% Rent Increases at Each Option
• Corporate Guarantee | “BBB” S&P Rating
20 Miles Southwest of Poughkeepsie
“Town Center” Location with Limited Competition
Strong AHHI $78,710 within 5 miles
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,224 SF
Building Class
B
Year Built
2017
Price
$2,059,818 CAD
Price Per SF
$223.31 CAD
Cap Rate
7.50%
NOI
$154,486 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
1.80 AC
Parking
33 Spaces (3.58 Spaces per 1,000 SF Leased)
Frontage
170’ on U.S. 209
Not walkable
10/100
Exceptionally drivable
100/100
Not bikeable
10/100
Property Taxes
| Parcel Number | 332800-022-000-0001-042.000-0000 | Improvements Assessment | $1,147,393 CAD |
| Land Assessment | $49,409 CAD | Total Assessment | $1,196,803 CAD |
Property Taxes
Parcel Number
332800-022-000-0001-042.000-0000
Land Assessment
$49,409 CAD
Improvements Assessment
$1,147,393 CAD
Total Assessment
$1,196,803 CAD
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
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Street
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Portfolio: Cuddebackville, NY , | 1035 US Route 209
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