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218 Denison Pky E
Corning, NY 14830

Retail Property For Sale

Investment Highlights

  • Amazing investment opportunity!

Executive Summary

Corning Dental Associates is only selling the building & looking for a lease back. The business itself isn't going anywhere. Tenant pays $8500 per month on a triple net lease. Currently have a 7 year lease with a option for a 5 year extension.
Seller's are willing to do a new lease, 10 years with another 10 year option.

PROPERTY FACTS Under Contract

Sale Type
Investment
Sale Condition
Sale Leaseback
Property Type
Retail
Building Size
6,670 SF
Building Class
C
Year Built
1974
Price
$1,407,909 CAD
Price Per SF
$211 CAD
Cap Rate
10.50%
NOI
$147,830 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.29
Lot Size
0.52 AC
Zoning
RT

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
460300-318-046-0001-021-000
Land Assessment
$127,351 CAD
Improvements Assessment
$969,282 CAD
Total Assessment
$1,096,633 CAD
  • Listing ID: 32670750

  • Date on Market: 2024-08-02

  • Last Updated:

  • Address: 218 Denison Pky E, Corning, NY 14830

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