1133 State Route 22, Cambridge, NY 12816

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Property Description

This well-maintained 15,103 square foot commercial building presents a lucrative investment opportunity with a long-term lease to a nationally recognized tenant, Dollar General. Located on a sprawling 5-acre lot, the property features a newly paved parking lot and upgraded lighting, ensuring a welcoming and safe environment for customers and tenants alike.Dollar General has been the anchor tenant since 2006, occupying 81% of the building. The remaining 19% is leased as storage space to another tenant, providing additional, stable rental income.The lease is structured as a Triple Net (NNN) lease, wherein the tenant is responsible for property taxes, insurance, and maintenance, minimizing landlord responsibilities and expenses. The property is offered at an attractive 8% capitalization rate, delivering strong returns on investment. Centrally located, the property benefits from excellent visibility and accessibility, boosting foot traffic and sales.

1133 State Route 22 | MLS# 202612137

This commercial property located at 1133 State Route 22, Cambridge, NY 12816 is currently listed for sale with an asking price of $1,025,000. Search Cambridge real estate on www.coldwellbankerprime.com today.

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Property Features

Property Type: Commercial - Retail
Cooling: Central Air
Heating: Forced Air
Lot Size: 5.00 Acres
Taxes: $19,739
Year Built: 1980

Feature Descriptions

Current Use: Retail
Days on Site: 13
Exterior: Block
Lot Dimensions: 439x430
Parcel #: 535089 263.-3-4.2
Parking Total: 50
Parking Total: 50
Sewer: Septic Tank
SQFT Building Total: 15103
Water: Public

Demographics

Listed By / Shown By

Listing By

Agency Name: Julie & Co Realty LLC
Agency Phone: 1 518-350-7653

Shown By

Agency Title: Coldwell Banker Prime Properties
Agency Phone: 866-323-CBPP

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