Verizon Wireless | 350 Hamilton St
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Verizon Wireless 350 Hamilton St
2,105 SF Retail Building Geneva, NY 14456 $595,000 ($283/SF) 5.84% Cap Rate
Investment Highlights
- Low Price Point
- Adjacent Pad to Wegmans
- Strong Frontage & High Traffic Counts
- Potential Upside
- Corporate Lease
- Dense Retail Corridor
Executive Summary
NNN Pro is pleased to present the exclusive listing for a Verizon located at 350 Hamilton Street, Geneva, NY 14456. The site consists of roughly 1,437 rentable square feet of building space on an estimated 0.164-acre parcel of land. This Verizon is subject to a 7-year Triple Net (NNN) lease, which commenced 11/30/2006. The current annual rent is $34,775.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
2,105 SF
Year Built
1940
Price
$595,000
Price Per SF
$283
Cap Rate
5.84%
NOI
$34,745
Tenancy
Single
Building Height
1 Story
Building FAR
0.28
Lot Size
0.17 AC
Zoning
H
Parking
18 Spaces (8.55 Spaces per 1,000 SF Leased)
Frontage
43 FT on Hamilton St
Nearby Major Retailers
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $1,011,000 | |
| Land Assessment | $312,000 | Total Assessment | $1,323,000 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$312,000
Improvements Assessment
$1,011,000
Total Assessment
$1,323,000
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Verizon Wireless | 350 Hamilton St
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