4794-4796 Commercial Dr, New Hartford, NY
Two NNN leased properties with long-term tenants in New Hartford.
- Added:
- May 9, 2024
- Days on Market:
- 766
- Last Refresh:
- May 20 at 8:56 pm
Property Features for 4794-4796 Commercial Dr
General Information
- Standard status
- Active
- Lot size
- 1.51 Acres
- Property subtype
- RETAIL
Listing agent Brian P Donovan License #10491202934
Listing office Donovan Real Estate Services (716) 998-2943
Listing date May 9, 2024
Source Moodyscre
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 Donovan Real Estate Services
HighLights
- 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.
- Both tenants have multiple (4) five‑year options to extend their leases.
- Located in New Hartford, NY.
- Two established tenants (7 Brew Coffee and Take 5 Oil Change) provide diversification.
Overview
Current Use by Public Records
Similar Places Nearby
- Raspberries Cafe — 4784 Commercial Dr, New Hartford, NY 13413
- Sweet Frog Frozen Yogurt — 8643 Clinton St, New Hartford, NY 13413
- Edible Arrangements — 8637 Clinton St, New Hartford, NY 13413
- Cafe Florentine — 8647 Clinton St, New Hartford, NY 13413
- Starbucks — 4759 Commercial Dr, New Hartford, NY 13413
Location Insight
- Map
- Local Demand
- City
- New Hartford
- County
- Oneida
- State
- New York
- Longitude
- -75.3047
- Latitude
- 43.095