Property summary
This exceptional Class A industrial warehouse, located at 1159 County Route 24 in Granville, New York (zip code 12832), presents a compelling investment opportunity. The 50,000-square-foot single-story building sits on a substantial 22.96-acre lot and boasts six loading docks. Constructed in 1990 and extensively renovated in 2023, the property is currently 100% occupied by Amazon.com Services, LLC under a triple-net (NNN) lease. The tenant has invested significantly in improvements, including a large parking area and an expansive canopy for efficient loading and unloading. The initial lease term is five years, with multiple renewal options ensuring long-term stability. The property is zoned under the Town of Granville's non-zoning policy. The asking price is $3,600,000, translating to $72 per square foot. This represents a strong return on investment given the high occupancy rate, long-term lease, and recent renovations. The property's location in Washington County, near the New York-Vermont border, offers excellent access to major transportation routes. The APN is 117.-1-3.8. This is a rare opportunity to acquire a high-quality, fully occupied industrial asset with a blue-chip tenant.
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