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4876 NY-30
Amsterdam, NY 12010

$2,228,571 USD

Bowling Alley For Sale  •  1,336 SF

Property Details

  • Property Type Bowling Alley
  • Total Building Size 1,475 SF
  • Lot Size 1.01 AC
  • Building Class B
  • Year Built 2024
  • Cap Rate 7.00 %
  • Tenancy Single
  • Zoning B1
0 Transit Score
50 Walk Score

Highlights

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 %

Major Tenants

Tenant SF Occupied Lease End Date
Take 5 Oil Change

Amenities

  • Signage

Public Transportation

Commuter RailDriveWalkDistance
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
AirportDriveWalkDistance
Albany International 50 min - 31.5 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 9
Type: Surface
Included in Rent: Yes
Josh Bishop 214-692-2289 Matthews Real Estate Investment Services
Josh Bishop 214-692-2289 Matthews Real Estate Investment Services