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68 Main St
Binghamton, NY 13905

$1,549,300 USD

Drugstore For Sale  •  10,818 SF

Property Details

  • Property Type Drugstore
  • Total Building Size 10,818 SF
  • Lot Size 0.78 AC
  • Building Class C
  • Year Built 1970
  • Cap Rate 8.00 %
  • Tenancy Single
  • Zoning Commerical
0 Transit Score
77 Walk Score

Highlights

Dollar General Conversion Store With Brand New 10-Year Double Net (NN) Lease | Minimal Landlord Responsibilities
Lease Commenced in April 2024
Four, 5-Year Renewal Options with 10 Percent Rental Increases In Each Option
New Roof Installed in 2024 With a Transferable Warranty | Property Features Large Parking Lot with Pylon Sign and Excellent Visibility Along Main St.
Two Points of Ingress/Egress Along Main Street, Seeing 12,900+ Vehicles Per Day
Situated On a Signalized Intersection With Easy Access From Both Streets

Property Flyers

Financial Summary

Cap Rate: 8.00 %

Major Tenants

Tenant SF Occupied Lease End Date
Dollar General 10,818 SF

Amenities

  • Bus Line
  • Signage

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 30
Type: Surface
Included in Rent: Yes
Colby Haugness 858-964-8434 Marcus & Millichap
Colby Haugness 858-964-8434 Marcus & Millichap