General Retail For Sale • 1,610 SF
| Brand new 2024 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 $104,064 annually (5-mile radius) |
| Cap Rate: | 6.50 % |
| Tenant | SF Occupied | Lease End Date |
|---|---|---|
| Take 5 | 7/1/2039 |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Syracuse (Toronto - New York - VIA Rail) | 12 min | - | 5.4 mi |
| Nyf (Empire Service - Amtrak, Maple Leaf - Amtrak) | 16 min | - | 8.8 mi |
| Airport | Drive | Walk | Distance |
| Syracuse Hancock International | 16 min | - | 9.1 mi |