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1133 State Route 22

Cambridge, NY 12816

Active

$1,025,000

Listing by:
Amy Farchione-Sgromo
Julie & Co Realty LLC
315-863-2777

This well-maintained 15,103 square foot commercial building presents a lucrative investment opportunity with a long-term lease to a nationally recognized tenant, Dollar General. Located on a sprawling 5-acre lot, the property features a newly paved parking lot and upgraded lighting, ensuring a welcoming and safe environment for customers and tenants alike.Dollar General has been the anchor tenant since 2006, occupying 81% of the building. The remaining 19% is leased as storage space to another tenant, providing additional, stable rental income.The lease is structured as a Triple Net (NNN) lease, wherein the tenant is responsible for property taxes, insurance, and maintenance, minimizing landlord responsibilities and expenses. The property is offered at an attractive 8% capitalization rate, delivering strong returns on investment. Centrally located, the property benefits from excellent visibility and accessibility, boosting foot traffic and sales.

$1,025,000
0.0
Bedroom
0
Bathroom
15,103
Sq. Ft.
$ 68
$/Sq. Ft.
5.00
Acres
Year Built:
1980
County:
Washington
Acres:
5.00
Listing Agent:
Amy Farchione-Sgromo
Listing Office:
Julie & Co Realty LLC
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BUYER'S AGENT

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Features

Available Square Feet: 15,103
Town: Cambridge
Bedrooms: 0
Full Bathrooms: 0
Estimated Taxes: $19,739
Water: Public
Sewer: Septic Tank
Heat: Forced Air
Garage: 0
Exterior: Block
Cooling: Central Air
Parking Spaces: 50
Zoning: Commercial

Location



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