3235-3229 State St Caledonia, NY 14423
Two-unit retail property with sale lease-back opportunity.
Type:Retail
Property size:
6,108 SF- Added:
- Oct 9, 2022
- Days on Market:
- 1276
- Last Refresh:
- Mar 17 at 1:15 pm
Property Features for 3235-3229 State St
General Information
- Standard status
- Active
- Size
- 6,108 SF
- Property subtype
- Retail
Listing agent Dominic Shamany License #MI #6501439800
Listing office Legacy Real Estate
Listing date Oct 9, 2022
Source Crexi
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Overview
Retail Property Sale Lease-back
This property features two free-standing retail units situated on a single tax parcel in Caledonia, New York. The property is currently configured as an Upstate Bottle Return, operating under a 5-year sale lease-back agreement effective at the close of escrow. The lease is structured as an absolute NNN lease, assigning zero landlord responsibilities. The second unit, comprising 2,100 square feet, is occupied by a smoke shop under a gross lease agreement. The property offers a 10.27% capitalization rate.
Location Intelligence
Current Use by Public Records
Retail space
Location Insight
- Map
- Local Demand
- City
- Caledonia
- County
- Livingston
- State
- New York
- Longitude
- -77.8494319
- Latitude
- 42.9703205
Nearby Similar for Sale
FAQs
What type of property is this?
Retail space - Two-unit retail property with sale lease-back opportunity.
Where is this retail space located?
The property is located at 3235-3229 State St Caledonia, NY.
What is the asking price?
The asking price for this property is $284,999.
What are key features of this property?
This property features: Absolute NNN lease structure provides zero landlord responsibilities.; High 10.27% CAP rate.; Benefit from a 5‑year sale lease‑back at close of escrow.
