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1897 College Ave
Elmira, NY 14901
Retail Property For Sale
Investment Highlights
- Corporate Guarantee From The Second Largest Quick Lube Chain In The United States (1,250+ Locations)
- Strategically Positioned On A High Visibility Corner With Multiple Points Of Ingress And Egress
- Rare Low Rent & Small Price Point Corporate Guaranteed Deal
- College Ave Sees 12,260 Vehicles Per Day
- Incredibly Strong Unit Level Financials (Available Upon Request)
- Qualifies For 100% Bonus Depreciation (Consult With Tax Professional For More Details/Confirmation)
Executive Summary
Absolute NNN | NO Landlord Responsibilities Whatsoever
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Auto Repair
Building Size
988 SF
Building Class
C
Year Built
2005
Price
$1,449,486 CAD
Price Per SF
$1,467.09 CAD
Cap Rate
5.25%
NOI
$76,098 CAD
Tenancy
Single
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.05
Lot Size
0.42 AC
Parking
35 Spaces (10 Spaces per 1,000 SF Leased)
Property Taxes
| Parcel Number | 070400-079-013-0001-082-000-0000 | Improvements Assessment | $134,209 CAD |
| Land Assessment | $34,590 CAD | Total Assessment | $168,799 CAD |
Property Taxes
Parcel Number
070400-079-013-0001-082-000-0000
Land Assessment
$34,590 CAD
Improvements Assessment
$134,209 CAD
Total Assessment
$168,799 CAD
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