324 N Prospect St | Herkimer, NY 13350
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This Retail Property is no longer advertised on LoopNet.com.
324 N Prospect St
Herkimer, NY 13350
Citizens Bank · Retail Property For Sale
Investment Highlights
- Absolute triple net lease with investment-grade credit and annual rent escalations.
- Located in Downtown Herkimer, just outside Utica and halfway between Albany and Syracuse.
- There are over 38,000 residents within a 15-minute drive, and this branch has $31 million in deposits.
- Nearby area tenants include major brands like WalMart, McDonald's, and Dollar General.
- The tenant recently executed a three-year lease extension, showing their commitment to the site.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Bank
Building Size
3,155 SF
Building Class
B
Year Built
1974
Tenancy
Single
Building Height
1 Story
Building FAR
0.20
Lot Size
0.36 AC
Zoning
C3
Parking
11 Spaces (3.47 Spaces per 1,000 SF Leased)
Frontage
89 FT on Prospect St
Amenities
- Pylon Sign
- Signage
- Drive Thru
Links
PROPERTY TAXES
Parcel Number | 213001-113-081-0006-031-000-0000 | Improvements Assessment | $350,200 |
Land Assessment | $30,900 | Total Assessment | $381,100 |
PROPERTY TAXES
Parcel Number
213001-113-081-0006-031-000-0000
Land Assessment
$30,900
Improvements Assessment
$350,200
Total Assessment
$381,100
Learn More About Investing in Retail Properties
Listing ID: 22518302
Date on Market: 3/19/2021
Last Updated:
Address: 324 N Prospect St, Herkimer, NY 13350
The Retail Property at 324 N Prospect St, Herkimer, NY 13350 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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