1240 Arsenal StWatertown, NY 13601
High-Yield NNN Lease Investment
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 92
Highlights
- $3,756,098 asking price for a Goodyear Auto Service retail property.
- Net lease (NNN) with corporate guarantee from Goodyear Tire & Rubber Company.
- 15-year lease with 7.3 years remaining; 4 five-year renewal options.
- 6,117 square feet on a 0.72-acre lot in Watertown, NY.
- 6.15% cap rate with a $231,000 annual NOI.
- Built in 2016, 100% occupancy.
Property Details for 1240 Arsenal St
- Property type
- Other retail properties, Automotive properties
- Square Feet
- 6,117 SF
- Year Built
- 2016
- Buildings
- 1
- Lot Size (sq. ft)
- 31,363 SF
- Units
- 1
Location Insight
- City
- Watertown
- County
- Jefferson
- State
- New York
- Latitude
- 43.976540230503
- Longitude
- -75.943492543491








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