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11 Maple Ave Catskill, NY 12414

For Sale
$2,487,538

Stand-alone WellNow Urgent Care property with 8+ years remaining on lease.

Property size:
3,515 SF

Property Features for 11 Maple Ave

General Information

Size
3,515 SF

Source: Pyramidbrokerage Agent Pyramid Brokerage Hudson Valley

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

WellNow Urgent Care Investment Property

The stand-alone WellNow Urgent Care investment property is located at 11 Maple Avenue in Catskill, New York. The property has 8+ years remaining on a 10-year lease with two (2), 5-year renewal options. The lease includes 10% rental increases every five years throughout the initial term and renewal option periods. The tenant reimburses for all real estate taxes, insurance, and their pro-rata share of common area maintenance, which is handled by the owner of the Harbor Freight & Advance Auto Parts Property. WellNow is part of the Aspen Dental ownership. The property is suitable for medical or healthcare purposes and offers potential as a recession and e-commerce resistant investment.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Wellnow Urgent Care Urgent Care Center

Suggested Use

Building Supply Auto Repair Shop Wholesale Shop Home Appliance Store Plumbing Service

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Catskill
County
Greene
State
New York
Longitude
-73.922782
Latitude
42.135078

FAQs

What type of property is this?
Medical space - Stand-alone WellNow Urgent Care property with 8+ years remaining on lease.
Where is this medical space located?
The property is located at 11 Maple Ave Catskill, NY.
What is the asking price?
The asking price for this property is $2,487,538.
What are key features of this property?
This property features: - Attractive 6.5% cap rate.; - 8+ years remaining on a 10-year lease.; - 10% rental increases every five years.
More about this property
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