154 Ml St Liberty, NY 12754-2011
This exceptional investment opportunity presents a portfolio of three retail buildings, strategically located across Sullivan County, New York. The portfolio features a long-term, triple-net lease with Napa Auto and Truck Parts as the anchor tenant. This established tenant occupies all three properties under a 5-year lease with two additional 5-year options, ensuring consistent rental income and predictable cash flow. Annual rent increases are built into the lease agreement, providing further protection against inflation. The portfolio boasts an impressive 8.9% capitalization rate across all three properties. The Liberty location, situated at 154 Mill Street, sits on a substantial 4.4-acre lot. This building is undergoing a complete roof replacement this summer, demonstrating a commitment to property maintenance. The landlord is responsible for major repairs, property taxes, and building insurance, minimizing the investor's operational burden. Tenants are responsible for minor repairs, water and sewer, utilities, and contents insurance. This turnkey investment offers a compelling combination of strong tenant occupancy, long-term lease security, and a high return on investment, making it an ideal addition to any diversified portfolio. Detailed information on individual property listings is available upon request. This is a rare opportunity to acquire a well-established, high-performing retail portfolio in a growing market.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2021Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C · Liberty, NYLiberty. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.