195 Sawmill Drive

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195 Sawmill Drive

Arcade, NY 14009
Asking Price
$1.64M
Cap Rate
6.1%
Asset Type
Bank Retail
Class
Class B

What's Special

Retail | 6.10% CAP | 1,600 SqFt <ul><li>​<strong style="color: rgba(6, 34, 57, 1)">BRAND NEW 20-YEAR ABSOLUTE NNN LEASE:</strong><span style="color: rgba(6, 34, 57, 1)"> Brand new 20-year Absolute NNN lease with attractive 7.00% rental escalations every 5 years with two 5-year options to renew</span></li></ul><p></p><ul><li>​<strong style="color: rgba(6, 34, 57, 1)">OPERATOR | TENANT:</strong><span style="color: rgba(6, 34, 57, 1)"> </span><strong style="color: rgba(6, 34, 57, 1)">Parent Company of KBP Foods </strong><span sty

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NOI
$80,000
Cap Rate
4.88%
DSCR
0.82
Underwater
Cash-on-Cash
-3.52%
Monthly Payment
$8,108.878
Annual Cash Flow
$-17,306.533

Location & Travel Times