Description
Awesome investment opportunity in the Western Sullivan Catskills is now available. Strong tenant, Napa Auto Parts, with 10+ years to go on the lease (two 5-year options). This is a win-win with a 10% cap rate and annual increases!! 7400 SF building in good condition fronts on State Route 52 in Jeffersonville on 2. 53 +/-acres with plenty of parking and room to expand. Jeffersonville is a busy little town with supermarket, gas station, shops and restaurants. The location is directly next door to tractor sales establishment. Also offered as part of a investor's bundle which includes two other Napa locations Monticello and Liberty.
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Description
Awesome investment opportunity in the Western Sullivan Catskills is now available. Strong tenant, Napa Auto Parts, with 10+ years to go on the lease (two 5-year options). This is a win-win with a 10% cap rate and annual increases!! 7400 SF building in good condition fronts on State Route 52 in Jeffersonville on 2. 53 +/-acres with plenty of parking and room to expand. Jeffersonville is a busy little town with supermarket, gas station, shops and restaurants. The location is directly next door to tractor sales establishment. Also offered as part of a investor's bundle which includes two other Napa locations Monticello and Liberty.
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