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Bavi Nails and Top Choice 5859 Route 31

4,800 SF 100% Leased Retail Building Cicero, NY 13039 $1,123,000 ($234/SF) 7.26% Cap Rate

Investment Highlights

  • 2019 Construction With Immediate Upside Potential
  • Robust Traffic Counts
  • Strong Academic Presence
  • Affluent Community
  • Low Price Per SF
  • Proximity to a Walmart Supercenter

Executive Summary

NNN Pro is pleased to present the exclusive listing for a Strip Center located at 5859 Route 31, Cicero, NY 13039. The site consists of roughly 4,800 rentable square feet of building space on an estimated 0.51-acre parcel of land. The current annual rent is $81,474 and has an weighted average lease term of 1.9 years.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
4,800 SF
Building Class
B
Year Built
2019
Price
$1,123,000
Price Per SF
$234
Cap Rate
7.26%
NOI
$81,474
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.22
Lot Size
0.51 AC
Parking
23 Spaces (4.79 Spaces per 1,000 SF Leased)
Frontage
157 FT on Route 31

Amenities

  • Monument Signage

Nearby Major Retailers

Community Bank
Cracker Barrel Old Country Store
ALDI

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
312289-090-000-0001-026-001-0000
Land Assessment
$138,300
Improvements Assessment
$388,700
Total Assessment
$527,000
  • Listing ID: 34011915

  • Date on Market: 11/26/2024

  • Last Updated:

  • Address: 5859 Route 31, Cicero, NY 13039

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