Former Aaron's | 3902 S Salina St
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Former Aaron's 3902 S Salina St
6,426 SF Retail Building Syracuse, NY 13205 $576,323 ($90/SF) 7.33% Cap Rate
Executive Summary
The Kase Group is pleased to present the opportunity to acquire a soon to be
vacant retail property in Syracuse, New York. Aaron's is paying rent for the
remaining of their 3.7 year term. The building consists of 6,426 square feet
situated on a 0.583 acre lot. The site benefits from its location along U.S Highway
11 with exposure to 7,000+ vehicles per day. Neighboring retailers include Family
Dollar, Dunkin' Donuts, Walgreens Pharmacy, Burger King, Little Caesers Pizza,
AutoZone Auto Parts, Dollar General & many more.
vacant retail property in Syracuse, New York. Aaron's is paying rent for the
remaining of their 3.7 year term. The building consists of 6,426 square feet
situated on a 0.583 acre lot. The site benefits from its location along U.S Highway
11 with exposure to 7,000+ vehicles per day. Neighboring retailers include Family
Dollar, Dunkin' Donuts, Walgreens Pharmacy, Burger King, Little Caesers Pizza,
AutoZone Auto Parts, Dollar General & many more.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
6,426 SF
Building Class
C
Year Built
1978
Price
$576,323
Price Per SF
$90
Cap Rate
7.33%
NOI
$42,240
Tenancy
Single
Building Height
1 Story
Building FAR
0.34
Lot Size
0.43 AC
Zoning
011 - Commercial
Parking
40 Spaces (6.22 Spaces per 1,000 SF Leased)
Frontage
106 FT on Ballantyne Rd
PROPERTY TAXES
| Parcel Number | 311500-072-000-0014-005-000-0000 | Improvements Assessment | $250,000 |
| Land Assessment | $150,000 | Total Assessment | $400,000 |
PROPERTY TAXES
Parcel Number
311500-072-000-0014-005-000-0000
Land Assessment
$150,000
Improvements Assessment
$250,000
Total Assessment
$400,000
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Former Aaron's | 3902 S Salina St
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