Bavi Nails and Top Choice | 5859 Route 31
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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
PROPERTY TAXES
Parcel Number | 312289-090-000-0001-026-001-0000 | Improvements Assessment | $388,700 |
Land Assessment | $138,300 | Total Assessment | $527,000 |
PROPERTY TAXES
Parcel Number
312289-090-000-0001-026-001-0000
Land Assessment
$138,300
Improvements Assessment
$388,700
Total Assessment
$527,000
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Bavi Nails and Top Choice | 5859 Route 31
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