Lake Commercial For Sale
Modern well built one story building in excellent condition leased to the Dormitory Authority State of NY which has a triple A credit rating. The current tenant pays $8821.50 per month plus cams and tax and insurance escalators. The tenant has been there since 2010. Current lease expires 8/30/26 and the tenant has one five year renewal option. The owner feels confident that the tenant will renew. ADA compliant. Located right across from Conesus Lake in Lakeville NY. Excellent cash flow. 9.18% cap rate.Income and expense information is attached.
Property Details
- Beds: 0
- Baths: 0.0
- Sq Feet: 7440
- Year Built: 1990
- Location: Conesus Lake
- Acres: 1.580
- County: Livingston County
- Heat/AC: Forced Air
- Garage: Paved or Surfaced
- Siding: Brick
- Roof: Asphalt, Shingle
- Stories: 1
- Property Taxes: $16,899
- MLS #: R1555980
Location
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Contact Information:
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Listing Agent: Richard L. Leasure, Howard Hanna RES, 585-473-1320, 585-473-1320 Listing Site, Listing Status: Active
Copyright © 2024 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Ad Statistics:
| Ad Number : | 5222935 |
| Viewed: | 46 times |
| Added: | Aug 02, 2024 |
| Updated on: | Aug 02, 2024 |
| All information provided is deemed reliable but is not guaranteed and should be independently verified. | |
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