1 of 4

2 of 4

3 of 4

4 of 4

•  Media
• Map
• Street View

40-42 First Street
Ilion, NY 13357

$3,109,333 USD

Storefront For Sale  •  13,350 SF

Property Details

• Property Type Storefront
• Total Building Size 13,350 SF
• Lot Size 1.3 AC
• Building Class C
• Year Built 2006
• Cap Rate 7.50 %
• Tenancy Multiple

40 Walk Score

Highlights

7.50% cap rate on a two-tenant NN property leased to Kinney Drugs and Dunkin'

±6.4 years WALT with recent lease renewals from both tenants

Contractual rent increase to $233,201 in November 2026 via Dunkin' scheduled bump

NN structure — tenants responsible for taxes, insurance, and CAM

50,000+ residents within 10 miles; avg HHI exceeding $81,000

Dunkin' operated by Cafua Management, largest private Dunkin' franchisee in the U.S.

Cap Rate:

7.50 %