1272 Upper Front St Binghamton, NY 13905
Single-tenant Harbor Freight in Binghamton, NY with long-term lease.
Property size:
16,500 SFLot size:
2.13 AcresProperty Features for 1272 Upper Front St
General Information
- Size
- 16,500 SF
- Lot size
- 2.13 Acres
Source:
Moodyscre
Listing Agent: Mohsin Mirza
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Freestanding Harbor Freight Investment Opportunity
This freestanding single-tenant Harbor Freight property is located at 1272 Upper Front Street in Binghamton, NY. The property is occupied by Harbor Freight, operating under a NN lease with an initial lease term of 12.0 years. The lease includes 8% rent escalations every 5 years and a 10% escalation upon execution of the first renewal option, with five, five-year renewal options available. Situated along Upper Front St, just off Interstate 81, the property benefits from direct accessibility and high traffic volume of over 37,000 vehicles per day. As an outparcel to Northgate Plaza, which generates 1.1 million visits annually, the location is the most visited shopping center within a 5-mile radius and ranks in the 57th percentile of most visited shopping centers in New York. The property offers a total size of 16,500 square feet.
Location Intelligence
Current Use by Public Records
Retail space
Location Insight
- Map
- Local Demand
- City
- Binghamton
- County
- Broome
- State
- New York
- Longitude
- -75.8942216
- Latitude
- 42.1577414
Nearby Similar for Sale
FAQs
What type of property is this?
Retail space - Single-tenant Harbor Freight in Binghamton, NY with long-term lease.
Where is this retail space located?
The property is located at 1272 Upper Front St Binghamton, NY.
What is the asking price?
The asking price for this property is $2,600,000.
What are key features of this property?
This property features: - Freestanding single-tenant Harbor Freight property; - NN lease with **12.0 years of initial lease term remaining**; - **8% rent escalations every 5 years** and a 10% escalation upon execution of first renewal option