Bowling Alley For Sale • 1,336 SF
| Newer 2023 build-to-suit construction |
| 15-year absolute NNN lease with zero landlord responsibilities for maintenance, taxes, insurance, or capital expenditures |
| 10% rent increases every 5 years for the entire term of the lease (base + options) |
| The property qualifies for bonus depreciation (consult with a tax professional for details) |
| Full-term franchise guarantee from an experienced Take 5 Oil Change operator (±60 T5 locations & 245 locations across all franchise brands) |
| Affluent demographics with an average household income of $82,614 annually (5-mile radius) |
| Cap Rate: | 7.00 % |
| Tenant | SF Occupied | Lease End Date |
|---|---|---|
| Take 5 Oil Change |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Amsterdam (Toronto - New York - VIA Rail) | 7 min | - | 2.8 mi |
| Amsterdam Amtrak Station (Empire Service - Amtrak, Maple Leaf - Amtrak) | 7 min | - | 2.8 mi |
| Airport | Drive | Walk | Distance |
| Albany International | 50 min | - | 31.5 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 9 |
| Type: | Surface |
| Included in Rent: | Yes |