Ambulance Facility Investment
For Sale
$785,000
31-59 Peach Pl, Middletown, NY 10940
Single-tenant NNN ambulance facility with renewal term through June 2029.
Days on Market95
Property Features for 31-59 Peach Pl
General Information
Standard status
Active
Property subtype
Industrial
Listing Agency:
McGrath Realty Inc Hopewell Junction
(845) 896-5444
Listed By:
Ryan P. McGrath · License #10401313731
(845) 896-5444
Source:
Elliman
Added: Apr 28
Changed: Jul 10
Last Checked: Jul 30 at 8:25AM
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 McGrath Realty Inc Hopewell Junction
Investment Insights
Based on property information with market context.
This purpose-built ambulance facility, delivered in 1998, is projecting $54,906 in Year 1 Net Operating Income (NOI) under the First Renewal Term, which runs through June 2029. The lease includes one additional 3-year option extending through June 2032. Operating under a single-tenant NNN lease structure, the agreement features CPI-or-3% escalators. The landlord has issued the First Renewal Term amendment to the tenant under identical terms, with the corporate guaranty expressly extended; tenant execution is pending. The property is available as a standalone acquisition or as part of a three-property portfolio that includes locations in Newburgh and Kingston. The bike score is 8, indicating it is somewhat bikeable, and the walk score is 11, indicating it is car-dependent.
Key Highlights
- Projected $54,906 Year 1 NOI under First Renewal Term.
- Single‑tenant NNN lease structure.
- Lease runs through June 2029 with a 3‑year option through June 2032.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
392
Businesses Nearby
Explore this area
Business Placement
Demographics for 10940, NY
52,803
Population
19,930
Households
2.6
Avg Household Size
39
Median Age
24%
College-Educated
86%
High-School Grad
63.1 sq mi
ZIP Area
837
Density / Sq Mi
$87,198
Median Household Income
$46,435
Median Earnings
$1,600
Median Rent
$301,400
Median Home Value
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Frequently Asked Questions
What type of property is this?
Medical center - Single-tenant NNN ambulance facility with renewal term through June 2029.
Where is this medical center located?
The property is located at 31-59 Peach Pl Middletown, NY.
What is the asking price?
The asking price for this property is $785,000.
What are key features of this property?
This property features: Projected $54,906 Year 1 NOI under First Renewal Term.; Single‑tenant NNN lease structure.; Lease runs through June 2029 with a 3‑year option through June 2032.