Strip Center | 3881 NY-31
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Strip Center 3881 NY-31
15,501 SF 100% Leased Retail Building Liverpool, NY 13090 $3,299,000 ($213/SF) 6.85% Cap Rate
Investment Highlights
- Great Underlying Real Estate | Property benefits from being in dense retail coridor anchored by Home Depot and Target.
- Affluent Community
- Low Price Per SF | The property has an average price per square foot of $213 and an average rent per square foot of $14.57
Executive Summary
NNN Pro is pleased to present the exclusive listing for a Strip
Center located at 3881 Route 31, Liverpool, NY 13041. The site
consists of roughly 15,501 rentable square feet of building space
on an estimated 1.79-acre parcel of land. The current annual rent
is $225,847. The property benefits from being in a dense retail
corridor anchored by Home Depot and Target.
Center located at 3881 Route 31, Liverpool, NY 13041. The site
consists of roughly 15,501 rentable square feet of building space
on an estimated 1.79-acre parcel of land. The current annual rent
is $225,847. The property benefits from being in a dense retail
corridor anchored by Home Depot and Target.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
15,501 SF
Building Class
C
Year Built
2011
Price
$3,299,000
Price Per SF
$213
Cap Rate
6.85%
NOI
$225,847
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.20
Lot Size
1.79 AC
Zoning
C-1 - Central zoning with light produciton.
Parking
30 Spaces (5.26 Spaces per 1,000 SF Leased)
Frontage
154 FT on NY-31
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 312489-021-000-0001-008-001-0000 | Improvements Assessment | $25,800 |
| Land Assessment | $14,200 | Total Assessment | $40,000 |
PROPERTY TAXES
Parcel Number
312489-021-000-0001-008-001-0000
Land Assessment
$14,200
Improvements Assessment
$25,800
Total Assessment
$40,000
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Strip Center | 3881 NY-31
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