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For Sale

1038 U.S. 11, Champlain, NY for sale

1038 U.S. 11,
Champlain, NY 12919

Asset Snapshot

Full Service
Retail Subtype
1981
Year Built
1.00 Acres
Land Area

Offering Summary

Investment Overview

Great opportunity to purchase this Absolute Net Lease deal with new 20 year lease. 5.0% rent increases every 5 years. Current rent $300,000/YEAR. Valero branded fuel, Dunkin Ds, and inside food court. Master tenant Avatar Petroleum. 6.70% Cap based on current rent.


Investment Highlights

  • Absolute Net Deal.
  • 20 year lease with bumps.
  • Rent paid monthly
  • Poughkeepsie NY based Master Tenant.

How it Works

Need Help?

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Listing Syndicated From

Buildout
Accepting Offers
$4,500,000
Asking Price

Investment Sales Broker

Steven Lerner
Vanguard-Fine, LLC

Market Insights