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2507 US Route 11 10,452 SF 100% Leased Retail Building La Fayette, NY 13084 $1,254,932 CAD ($120.07 CAD/SF) 10.68% Cap Rate

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INVESTMENT HIGHLIGHTS

  • High Traffic area located on the corner of Route 11 & Route 20
  • Easily accessible from 81 North & South

EXECUTIVE SUMMARY

Discover an exceptional investment opportunity in the heart of LaFayette, NY, with this bustling plaza anchored by a prominent post office and M&T Bank, ensuring consistent foot traffic and community engagement. With 70% occupancy, this plaza offers a diverse mix of retail and service tenants, making it a vibrant destination for both local residents and visitors. Ideal for investors looking to capitalize on a strong tenant base in a growing area, this property provides a solid return potential and room for additional growth. Situated in a prime location with ample parking and visibility, this plaza is a cornerstone of the LaFayette community and a compelling opportunity you won't want to miss!

ATTACHMENTS

LaFayette Plaza

DATA ROOM Click Here to Access

FINANCIAL SUMMARY (PRO FORMA - 2024) Click Here to Access

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

FINANCIAL SUMMARY (PRO FORMA - 2024) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual $99,999
Annual Per SF $9.99
Vacancy Loss (CAD)
Annual $99,999
Annual Per SF $9.99
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual $99,999
Annual Per SF $9.99
Operating Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
10,452 SF
Building Class
C
Year Built
1966
Price
$1,254,932 CAD
Price Per SF
$120.07 CAD
Cap Rate
10.68%
NOI
$133,973 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.27
Lot Size
0.89 AC
Zoning
07 - Central Business District
Frontage
333’ on U.S. 11

AMENITIES

  • 24 Hour Access
  • Signage
  • Signalized Intersection
  • Tenant Controlled HVAC
  • Drive Thru
  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
313400-019-000-0001-001-000-0000
Land Assessment
$53,843 CAD
Improvements Assessment
$805,946 CAD
Total Assessment
$859,789 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2024
  • Listing ID: 34211649

  • Date on Market: 2024-12-16

  • Last Updated:

  • Address: 2507 US Route 11, La Fayette, NY 13084

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