For Sale
$796,875

449 West AveAlbion, NY 14411

High-yield self storage & bottle return.

Overview

Added:
Dec 11, 2024
Days on market:
103

Highlights

  • $796,875 asking price for a Class C, 8,125 SF retail property in Albion, NY.
  • Sale-leaseback opportunity with a Net Lease (NNN) structure.
  • 100% occupancy with two tenants on a 5-year lease with rent bumps.
  • 8.00% cap rate and $63,750 Net Operating Income (NOI).
  • 16 storage units in a single building on a 1.3-acre lot, built in 2002.

Property Details for 449 West Ave

Property type
Other retail properties, Self storage facilities
Square Feet
8,125 SF
Class
C
Year Built
2002
Buildings
1
Lot Size (sq. ft)
56,628 SF
Units
16

Location Insight

City
Albion
County
Orleans
State
New York
Latitude
43.2412513
Longitude
-78.2081774
449 West Ave, Albion, New York
Leaflet | © OpenStreetMap contributors

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449 West Ave
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