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1666 Route 9W
Milton, NY 12547

$14,000,000 USD

Refrigeration Cold Storage For Sale  •  40,000 SF

Property Details

  • Property Type Refrigeration Cold Storage
  • Total Building Size 67,500 SF
  • Lot Size 4.94 AC
  • Building Class B
  • Year Built 2023
  • Cap Rate 7.71 %
  • Tenancy Single
  • Zoning RAG1
0 Transit Score
12 Walk Score

Highlights

2023 CONSTRUCTION - Property consists of two facilities. 40,000 SF fully frozen building was added in 2023 to original 27,500 SF building.
FOUR DECADES OF EXPERIENCE - Operating out of this location since the late 1970s
LONG TERM ABSOLUTE NNN LEASE - Tenant is responsible for taxes, insurance, CAM, and facility improvements.
TEMPERATURE CONTROLLED STORAGE - Karr has the ability to service both refrigerated and frozen temperatures
CENTRAL LOCATION FOR 3PL AND DISTRIBUTION - Positioned minutes from The NYS Thruway and I-84

Property Flyers

Cap Rate: 7.71 %

Major Tenants

Tenant SF Occupied Lease End Date
Karr Cold Storage

Public Transportation

Commuter RailDriveWalkDistance
Poughkeepsie Station (Hudson Line - Metro-North Commuter Railroad Company (Metro-North)) 13 min - 7.5 mi
AirportDriveWalkDistance
New York Stewart International 24 min - 16.5 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 5
Type: Surface
Included in Rent: Yes
James Watkins 661-904-9401 CBRE
James Watkins 661-904-9401 CBRE