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    22 Clinton St Gouverneur, NY 13642

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    For Sale
    $510,000

    NN leased retail property with strong corporate guarantee.

    Property size:
    6,200 SF
    Lot size:
    0.34 Acres

    Property Features for 22 Clinton St

    General Information

    Size
    6,200 SF
    Lot size
    0.34 Acres

    Source: NNN Pro Group Agent Anthony Bird

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

    Overview

    Retail Property in Dense Corridor

    This retail property is subject to a double net (NN) lease with over 6 years remaining on the initial 7-year term, requiring minimal landlord responsibilities. The lease benefits from a strong corporate guarantee from Upbound Group (NASDAQ: UPBD), which operates approximately 2,900 stores across the US, Puerto Rico, and Mexico. The tenant has been operating at this location since 1996 and recently renovated the property in 2023. Situated on Clinton Street, the property benefits from traffic counts exceeding 4,600 vehicles per day. Additionally, W Main Street contributes another 11,800 vehicles daily to the immediate area. The property is located within a dense retail corridor with a mix of national and local tenants, including Dollar General, Subway, Dunkin, McDonald's, and 7-Eleven. The property is located just a half mile from Gouverneur High School, which has an enrollment of over 450 students, and RRH Gouverneur Hospital, which has 25 beds. The property size is 6,200 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    Rent-A-Center Furniture Store

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Gouverneur
    County
    St. Lawrence
    State
    New York
    Longitude
    -75.4693277
    Latitude
    44.3357257

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    FAQs

    What type of property is this?
    Retail space - NN leased retail property with strong corporate guarantee.
    Where is this retail space located?
    The property is located at 22 Clinton St Gouverneur, NY.
    What is the asking price?
    The asking price for this property is $510,000.
    What are key features of this property?
    This property features: - Strong Corporate Guarantee from Upbound Group (NASDAQ: UPBD); - Long-Term Double Net (NN) Lease with Over 6 Years Remaining; - Long-Term Tenant Operating Successfully Since 1996
    (332) 345-2408
    Request Owner's contact information
    22 Clinton St Gouverneur, NY 13642
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    Gouverneur, NY 13642
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    22 Clinton St Gouverneur, NY 13642
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