74 Pleasant Street Monticello, NY 12701
Unbeatable Investment offering! Great tenant, Napa Auto and Truck Parts, with 10 years left on the lease (two 5 year options), annual increases, and has been there for 5 years. Building is well-maintained and in good condition with three-phase electric on .63 +/- acres. Plenty of paved parking, overhead door and full finished lower level with loading dock. Location is amazing in the heart of busy Monticello near Walmart, Home Depot, ShopRite, Old Navy, Marshalls, Rite Aid, food franchises, banks, gas stations, and more. Beer World is across the street. High traffic area and high visibility close to exit ramps for NYS Rt 17 / I-86. Also offered with two other stores if you are seeking an investment bundle. Tenants pay utilities, minor repairs, water and sewer and insurance on contents. Landlord pays taxes, building insurance and major repairs only. Cap rate on this one is 7%, the other two are at 9.7% and 10%!
- Property TypeCommercial
- NeighborhoodN/A
- CountySullivan
- Taxes$27,535
- HOA/Condo/Coop Fees$0
- Days on Site61 Days
- MLS StatusActive
- MLS ID NumberH6315843
- Home Size Source N/A
- Year Built1980
- Lot Size Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Construction Block
- Sewer Public Sewer
- Water Public
- Zoning comm
- Property Sub Type Retail
Interior Features
- Cooling Wall Unit(s)
- Heating OilForced Air
Community Features
- Township Thompson