Leased Class A Office
70 Pleasant Hill Road New Windsor, NY 12553
For Sale
$7,250,000
Fully leased three-story office building on an NNN structure with long-term tenant and rooftop telecom revenue.
Days on Market78
Property Features for 70 Pleasant Hill Road
General Information
- Standard status
- Active
- Property subtype
- Commercial
Building Details
- Year Built
- 1985
Listing Agency:
KELLER WILLIAMS HUDSON VALLEY
(845) 610-6065
Listed By:
JASON L MCGOVERN · License #10301205773
Source:
Corcoran
Added: May 7
Changed: Jul 23
Last Checked: Jul 23 at 7:46AM
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 KELLER WILLIAMS HUDSON VALLEY
Investment Insights
Based on property information with market context.
This fully leased, Class A office building is structured on a NNN lease, with the entire three-story property occupied by a long-term tenant. The current lease runs through October 31, 2029 and includes built-in increases, along with a five-year option to extend. In addition to base rent, the tenant reimburses the landlord for real estate taxes, insurance, and maintenance, while also handling garbage service and building and septic maintenance, plus lawn care and snow removal. Landlord responsibilities are limited to items such as roof, structure, parking lot, and HVAC replacement, and a new HVAC system is currently being installed.
The property also generates supplemental income from two long-term rooftop cell tower leases with Verizon and T-Mobile. The building is adjacent to and visible from I-87 / NYS Thruway.
Recent capital improvements include a roof replacement completed two years ago, intended to support long-term reliability and help minimize deferred maintenance expense. The parcel is described as suitable for potential building expansion subject to zoning approvals.
The property also generates supplemental income from two long-term rooftop cell tower leases with Verizon and T-Mobile. The building is adjacent to and visible from I-87 / NYS Thruway.
Recent capital improvements include a roof replacement completed two years ago, intended to support long-term reliability and help minimize deferred maintenance expense. The parcel is described as suitable for potential building expansion subject to zoning approvals.
Key Highlights
- 1985‑built, 3‑story Class A office building fully occupied under a long‑term NNN lease with Tectonic Engineering Headquarters.
- NNN lease runs through Oct 31, 2029 with built‑in increases and a 5‑year option to extend.
- Tenant reimbursement for real estate taxes, insurance, and maintenance; tenant also handles garbage service, building/septic maintenance, and lawn care/snow removal.
Property Analytics
Location Intelligence
Current Use by Public Records
Office buildings
FAQs
What type of property is this?
NNN property - Fully leased three-story office building on an NNN structure with long-term tenant and rooftop telecom revenue.
Where is this nnn property located?
The property is located at 70 Pleasant Hill Road New Windsor, NY.
What is the asking price?
The asking price for this property is $7,250,000.
What are key features of this property?
This property features: 1985‑built, 3‑story Class A office building fully occupied under a long‑term NNN lease with Tectonic Engineering Headquarters.; NNN lease runs through Oct 31, 2029 with built‑in increases and a 5‑year option to extend.; Tenant reimbursement for real estate taxes, insurance, and maintenance; tenant also handles garbage service, building/septic maintenance, and lawn care/snow removal.