Property summary
This exceptional investment opportunity presents a 7,700 square foot, multi-tenant retail center in Brockport, NY. Anchored by a Pizza Hut, operating for over 30 years, this property boasts a strong 100% occupancy rate across three tenants under a triple net (NNN) lease structure. The lease features a substantial 15-year remaining term, providing long-term stability and predictable cash flow. The property generates a significant net operating income (NOI) of $120,400, resulting in an attractive 9.15% capitalization rate. Priced at $1,315,847 ($170.89/sq ft), this investment offers a compelling return. Situated on a main thoroughfare in Brockport, the property benefits from high visibility and convenient access. Its proximity to the State University of New York at Brockport (6,900 students) ensures a consistent customer base. The property consists of two buildings, offering flexibility and potential for future expansion or redevelopment. This is a rare opportunity to acquire a well-established, high-performing retail center with a strong tenant mix and excellent long-term prospects. The absolute net lease structure minimizes landlord responsibilities, making this an ideal investment for passive income seekers. Don't miss this chance to secure a prime retail asset in a thriving New York community.
Property profile
VerifiedCap rate & NOI
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Property description
Physical attributes from public recordsZoning & alternative use
05 - COMMERCIAL · Brockport, NYZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for 05 - COMMERCIAL in Brockport, NY.
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Find the owner behind the property.
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