357 Cornelia St, Plattsburgh, NY 12901-2211

This exceptional investment opportunity presents a 10,908 square foot retail property in Plattsburgh, NY, currently subleased to Family Dollar, a credit-rated tenant. Located at 357 Cornelia Street (31,300 vehicles per day), this property boasts a strong 100% occupancy rate and a substantial net operating income (NOI) of $305,479, yielding a compelling 15.27% cap rate. The asking price is $2,000,000, translating to $183.35 per square foot. The lease is a triple-net (NNN) agreement with a remaining term of approximately 3.7 years, expiring August 9, 2028. This strategically located property benefits from high visibility in a dense retail corridor, surrounded by major national retailers including Lowe's, Walmart, Sam's Club, ALDI, and Dick's Sporting Goods. The property serves a substantial population base, with over 34,306 people residing within a five-mile radius. This presents a rare chance to acquire a stable, high-performing retail investment with a strong tenant and significant upside potential. The property is classified as a pharmacy/drug store and dollar store.