Listing Agency: NNN Pro Group Show Phone

Listed By: Anthony Bird

Source: Moodyscre

Added: Sep 18, 2023 Changed: Jul 6 Last Checked: Aug 11 at 1:39PM

Report an Issue

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NNN Pro Group

Investment Insights

Based on property information with market context.

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.

Key Highlights

• 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

Property Analytics

Property Profile

Current Use

Rent-A-Center Furniture & Home Goods

Suggested Use

Top Pick Real Estate Agency Law Firm Electrical Service Gym & Fitness Center Dental Office HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

348

Businesses Nearby

54k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Dining 66% Shops & Services 20% Home Improvements & Furnishings 14%

McDonald's Dining

19,233 visits/mo 0.2 miles

Dunkin' Donuts Dining

10,485 visits/mo 0.3 miles

Dollar General Shops & Services

7,117 visits/mo 0.4 miles

Jreck Subs Dining

6,441 visits/mo 0.2 miles

Ace Hardware Home Improvements & Furnishings

5,847 visits/mo 0.2 miles

Market

Vacancy Rate% for Retail in Northeast region

6% 2019

7.1% 2020

6.5% 2021

6% 2022

5.7% 2023

5.6% 2024

6% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this retail space located? What is the asking price? Find similar properties ... What are key features of this property?

Ask Rey about this property ...

Similar For Sale Nearby

Auto Shop with Truck Bays and Lifts

1369 US Highway 11, Gouverneur, NY 13642

$299,000

3,520 SF

View details

Stabilized Income-Producing Commercial Building

137 W Main St, Gouverneur, NY 13642

Contact for pricing

1,508 SF

View details

Two-Unit Mixed-Use Building

311 W Main Street, Gouverneur, NY 13642

$49,900

1,700 SF

View details

Specialty Property for Sale

9 William St, Gouverneur, NY 13642

$289,000

0.38 Acres

View details

Frequently Asked Questions

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 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