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3235 State Street
Caledonia, NY 14423
Asking Price
$340K
Asset Type
Auto Shop Retail
Class
Class B
What's Special
3235 State Street, Caledonia, NY 14423 <h3>Investment Highlights</h3><ul><li>12.4% Cap Rate at Asking Price</li><li>Seller Financing Available with $100K Down</li><li>$42,000 Gross Annual Rental Income</li><li>Two Separate Commercial Buildings</li><li>Newly Structured Long-Term NNN Leases</li><li>3-Year & 5-Year Lease Terms with Renewal Options</li><li>Minimal Landlord Responsibilities</li><li>Automotive Zoning Allows Future Flexibility</li><li>Large Parking Lot for High Customer Volume</li><li>High-Visibility Village Locat
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NOI
$80,000
Cap Rate
23.53%
DSCR
3.96
Strong
Cash-on-Cash
58.64%
Monthly Payment
$1,682.134
Annual Cash Flow
$59,814.386
