Technical
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Property profile

1159 Co Rd Granville, NY 12832

OFF-MARKET
Warehouses
50,000 SF 22.96 ac lot Built 1990
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Warehouses
Year built 1990
Total area 50,000 SF
Lot 22.96 ac (1,000,138 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1159 Co Rd Granville, NY 12832
Granville metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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