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Rent-A-Center 22 Clinton St

29,232 SF Retail Building Gouverneur, NY 13642 $510,000 ($17/SF) 7.79% Cap Rate

Investment Highlights

  • Long-Term Double Net (NN) Lease
  • Long-Term Tenant and Recently Renovated
  • Dense Retail Corridor
  • Strong Corporate Guarantee
  • Strong Traffic Counts
  • Compelling Academic and Medical Presence

Executive Summary

NNN Pro is pleased to present the exclusive listing for a Rent-ACenter
located at 22 Clinton Street, Gouverneur, NY 13643. The
site consists of roughly 6,200 rentable square feet of building
space on an estimated 0.64-acre parcel of land. This Rent-ACenter
is subject to a 7-year Double Net (NN) lease, which
commenced 10/6/1996. The current annual rent is $39,714 and
has scheduled increases of flat.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
29,232 SF
Building Class
C
Year Built/Renovated
1950/2023
Price
$510,000
Price Per SF
$17
Cap Rate
7.79%
NOI
$39,714
Tenancy
Single
Building Height
1 Story
Building FAR
1.05
Land Acres
0.64 AC
Zoning
R1 - Low density residential
Parking
52 Spaces (1.78 Spaces per 1,000 SF Leased)
Frontage
70 FT on Clinton Street

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
404001-173-032-0002-001-000-0000
Land Assessment
$7,300
Improvements Assessment
$198,320
Total Assessment
$205,620
  • Listing ID: 33313008

  • Date on Market: 9/26/2024

  • Last Updated:

  • Address: 22 Clinton St, Gouverneur, NY 13642

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