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372 W Pulteney St 6,659 SF 100% Leased Retail Building Corning, NY 14830 $6,940,866 CAD ($1,042.33 CAD/SF) 6% Cap Rate
INVESTMENT HIGHLIGHTS
- New 2024 Construction
- Grocery Anchored Outparcel
- Long Term Leases to Credit Tenants
EXECUTIVE SUMMARY
Caliber Commercial Brokerage presents this fully leased 6,580 SF retail investment property located at the intersection of W Pulteney St (7,390 VPD) and S Buffalo St (5,855 VPD). With close proximity to I-86, the site offers strong visibility, easy access, and stable income from three nationally recognized tenants. Starbucks, Chipotle, and Jersey Mike’s Subs occupy the property under NNN leases, generating reliable cash flow with minimal management required.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Restaurant
Building Size
6,659 SF
Building Class
C
Year Built
2024
Price
$6,940,866 CAD
Price Per SF
$1,042.33 CAD
Cap Rate
6%
NOI
$416,452 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.12
Lot Size
1.25 AC
Zoning
CONF
Parking
56 Spaces (8.41 Spaces per 1,000 SF Leased)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 463801-299-018-0001-049-000 | Improvements Assessment | $2,775,197 CAD |
| Land Assessment | $1,221,638 CAD | Total Assessment | $3,996,836 CAD |
PROPERTY TAXES
Parcel Number
463801-299-018-0001-049-000
Land Assessment
$1,221,638 CAD
Improvements Assessment
$2,775,197 CAD
Total Assessment
$3,996,836 CAD
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372 W Pulteney St
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