EAST HAMPTON VILLAGE RETAIL | 53 The Circle
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EAST HAMPTON VILLAGE RETAIL 53 The Circle
1,644 SF 100% Leased Retail Building East Hampton, NY 11937 $5,243,043 CAD ($3,189 CAD/SF) 6.50% Cap Rate
Executive Summary
The tenant has prepaid the full rent amount for the full lease term. The new owner will receive the remaining prepaid rent for their ownership term, ensuring they benefit from the secured rental income.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront
Building Size
1,644 SF
Building Class
C
Year Built
1978
Price
$5,243,043 CAD
Price Per SF
$3,189 CAD
Cap Rate
6.50%
NOI
$340,798 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.94
Lot Size
0.04 AC
Zoning
Commercial - Village Business, Dry Retail
Nearby Major Retailers
1 of 17
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Presented by
Tahari Capital
EAST HAMPTON VILLAGE RETAIL | 53 The Circle
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