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144 Mill St
Liberty, NY 12754
NAPA Auto Parts · Retail Property For Sale


INVESTMENT HIGHLIGHTS
- Established Business
- Business Area
- Heavy Commercial Traffic
EXECUTIVE SUMMARY
Awesome investment opportunity in the Village of Liberty. 18, 720 square foot building with retail space, repair shop and warehouse storage on second level and plenty of parking. Building is masonry construction with 4 overhead doors and sprinkler system. Napa Auto Parts is the current tenant and has been there 5 years with option to renew for 2 more 5-year terms. The owner is currently installing brand new thermal plastic roof system with a 20-year warranty. Tenants pay utilities and light maintenance along with plowing, water and sewer and their insurance for contents. Two lots included in sale total 1.24+/- acres. Cap rate is 9.7% with increases!! Average cars per day 10, 000 plus! High visibility location, near exit ramps for NY 17 / I-86. Also available as part of investor bundle with Monticello and Jeffersonville locations.
PROPERTY FACTS Under Contract
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
18,650 SF
Building Class
C
Year Built
1980
Price
$1,175,125 CAD
Price Per SF
$63.01 CAD
Cap Rate
9.75%
NOI
$114,558 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.35
Lot Size
1.24 AC
Opportunity Zone
Yes
Zoning
C
Frontage
105’ on Mill St
PROPERTY TAXES
| Parcel Number | 3601-115-0-0001-015-001 | Improvements Assessment | $407,240 CAD |
| Land Assessment | $18,895 CAD | Total Assessment | $426,135 CAD |
PROPERTY TAXES
Parcel Number
3601-115-0-0001-015-001
Land Assessment
$18,895 CAD
Improvements Assessment
$407,240 CAD
Total Assessment
$426,135 CAD
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