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5354 NY-12
Norwich, NY 13815

$532,188 USD

Storefront Retail Office For Sale  •  4,215 SF

Property Details

  • Property Type Storefront Retail Office
  • Total Building Size 4,215 SF
  • Lot Size 1.06 AC
  • Building Class C
  • Year Built 1980
  • Tenancy Single
  • Zoning C1
0 Transit Score
25 Walk Score

Highlights

The property benefits from a lease guaranteed by the government, boasting a strong AA+ credit rating (S&P)
The site is positioned near major national tenants such as Walmart, Tractor Supply Co., Lowe’s, and Taco Bell
The tenant has been in continuous operation at this site since the 1980’s (nearly 40 years)
The lease includes 3% annual rent increases, providing a consistent growth in Net Operating Income (NOI)
Strategically positioned within a 50- mile radius of major cities including Birmingham, Syracuse, Utica, Cooperstown, and Oneonta.

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 20
Type: Surface
Included in Rent: Yes
Derrick Dougherty 215-531-7026 Dougherty And Partners of Marcus & Millichap
Derrick Dougherty 215-531-7026 Dougherty And Partners of Marcus & Millichap