1240 Arsenal St, Watertown, NY 13601-2214

This exceptional investment opportunity presents a fee-simple ownership of a 6,117-square-foot Goodyear Auto Service center located at 1240 Arsenal St, Watertown, NY 13601. The property sits on a 0.72-acre lot and boasts a strong 100% occupancy rate under a triple-net (NNN) lease with a corporate guarantee from Goodyear Tire & Rubber Company. The lease, initiated March 1, 2017, has a remaining term of approximately 7.3 years, extending to February 29, 2032, with four 5-year renewal options. The current annual net operating income (NOI) is $231,000, yielding a 6.15% cap rate. The lease includes attractive rental increases of 10% every five years, providing inflation protection. The landlord's responsibility is limited to roof and structure maintenance. Built in 2016, this single-unit building represents a secure, long-term investment with significant upside potential due to the established tenant, built-in rent escalations, and the substantial remaining lease term. This is a rare opportunity to acquire a high-performing, passively managed asset with a strong corporate tenant and a proven track record. The property offers a compelling combination of stability, growth potential, and a strong return on investment.