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    4794-4796 Commercial Dr New Hartford, NY 13413

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    For Sale
    $3,710,000

    Two NNN leased properties with long-term tenants in New Hartford.

    Lot size:
    1.51 Acres

    Property Features for 4794-4796 Commercial Dr

    General Information

    Lot size
    1.51 Acres

    Source: Donovan Real Estate Services Agent Brian P Donovan

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

    Overview

    NNN Leased Investment Opportunity

    Two absolute NNN leased investment properties are available in New Hartford, NY. The tenants are 7 Brew Coffee and Take 5 Oil Change. 7 Brew Coffee recently signed a new 10-year lease with four 5-year options to extend, indicating a commitment to the location. The lease includes 10% rental increases every 5 years throughout the initial term and at the start of each option period. Take 5 Oil Change signed a new 15-year lease with four 5-year options to extend, also demonstrating commitment to the site. This lease also features 10% rental increases every 5 years through the initial term and at the beginning of each option period. The lease structure is designed to grow Net Operating Income and hedge against inflation. The leases are absolute NNN with zero landlord responsibilities, presenting a management-free investment opportunity for a passive investor.
    Location Intelligence

    Current Use by Public Records

    Coffee shops

    Suggested Use

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

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

    Similar Places Nearby

    Raspberries Cafe, Sweet Frog Frozen Yogurt, Edible Arrangements, Cafe Florentine, Starbucks

    Location Insight

    • Map
    • Local Demand
    City
    New Hartford
    County
    Oneida
    State
    New York
    Longitude
    -75.3047347
    Latitude
    43.0950322

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    FAQs

    What type of property is this?
    Coffee shop - Two NNN leased properties with long-term tenants in New Hartford.
    Where is this coffee shop located?
    The property is located at 4794-4796 Commercial Dr New Hartford, NY.
    What is the asking price?
    The asking price for this property is $3,710,000.
    What are key features of this property?
    This property features: - Absolute NNN leases with zero landlord responsibilities offer a management-free, passive investment.; - Both 7 Brew Coffee and Take 5 Oil Change have brand new long-term leases (10 and 15 years respectively) demonstrating commitment to the location.; - Lease structures for both tenants include 10% rental increases every 5 years, hedging against inflation and growing NOI.
    (716) 998-2943
    Request Owner's contact information
    4794-4796 Commercial Dr New Hartford, NY 13413
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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
    4794-4796 Commercial Dr New Hartford, NY 13413
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