40 State Highway 310, Canton, NY 13617
NNN leased investment property with established Kinney Drugs tenant.
- Added:
- Feb 17, 2026
- Days on Market:
- 130
- Last Refresh:
- Mar 17 at 1:15 pm
Property Features for 40 State Highway 310
General Information
- Standard status
- Active
- Size
- 12,000 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1993
Listing office Sutton Real Estate Company LLC (315) 424-1111
Listing date Feb 17, 2026
Source Crexi
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 Sutton Real Estate Company LLC
HighLights
- Long‑established lease with corporate Kinney Drugs provides stable income.
- Prime location with high daily traffic and excellent exposure on State Highway 310.
- Proximity to St. Lawrence University, SUNY Canton, and Nobel Urgent Care ensures a strong customer base.
- Remaining 5‑year lease term with 4‑5 year renewal options offers long‑term investment potential.
- Located in an area with a growing population, solid median household incomes, and a substantial employment base.
- Built in 1993.
Overview
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $259.2k | $21.60 |
| − Vacancy | −$10.9k | −$0.91 |
| EGI | $248.3k | $20.69 |
| − OpEx | −$62.1k | −$5.17 |
| NOI | $186.2k | $15.52 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Jonathan M. Kubinski, PHARM — 111 E Main St, Canton, NY 13617
- Price Chopper Pharmacy — 111 E Main St, Canton, NY 13617
- Kiera E. Warner, RPh — 40 NY-310, Canton, NY 13617
- Max Buscaglia — 97 E Main St, Canton, NY 136171445
- Peter Macarthur — 40 NY-310, Canton, NY 136171459
Location Insight
- Map
- Local Demand
- City
- Canton
- County
- St. Lawrence
- State
- New York
- Longitude
- -75.147446
- Latitude
- 44.598424
