370-372 North Main St

    Gloversville, NY 12078
    • $759,999
    • STATUS: Active
    • ON SITE: 173 days
    • MLS #: 201723273
    UPDATED: 197 min ago
    $759,999
    • 0
      BEDS
    • 1.34
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 10,964
      SQFT
    • $69
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    2006
    County:

    School Ratings & Info

    Description

    10,965-square foot multi-tenant Dollar General strip situated on 1.34 acres in Gloversville, New York. Dollar General recently picked up an early extension through August 2025, with a rental escalation in September 2020. 3, 5-year renewal options remain with rental escalations in each renewal option. Under the lease, landlord has minimal obligations. Tremendous value add potential through leasing out the adjacent 1,950 sq./ft. vanilla box. Stabilized Cap rate of 7.8%. Ideal property for 1031 Exchange client

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    © 2018 Eastern New York Regional Multiple Listing Service, Inc. The data relating to real estate on this website comes in part from the Internet Data Exchange program of the ENYRMLS. All information is deemed reliable but not guaranteed and should be independently verified. All properties subject to prior sale, change, or withdrawal. Neither listing broker(s), ENYRMLS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. Data last updated 2018-05-28T00:13:02.497.
    www.victoriasadvantage.com/homes/79179904

    370-372 North Main St Gloversville, NY 12078

    • Price: $759,999
    • Status: Active
    • Updated: 197 min ago
    • MLS #: 201723273
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.34
    Acres
    10,964
    SQFT
    $69
    $/SQFT
    2006
    Built
    Neighborhood:
    Gloversville City
    County:
    Fulton
    Area:
    Gloversville City
    Property Description
    10,965-square foot multi-tenant Dollar General strip situated on 1.34 acres in Gloversville, New York. Dollar General recently picked up an early extension through August 2025, with a rental escalation in September 2020. 3, 5-year renewal options remain with rental escalations in each renewal option. Under the lease, landlord has minimal obligations. Tremendous value add potential through leasing out the adjacent 1,950 sq./ft. vanilla box. Stabilized Cap rate of 7.8%. Ideal property for 1031 Exchange client
    Exterior Features

    Parking Private Parking Spaces 20 Property Type Commercial

    Interior Features

    Building Available Sq Ft 1950 Building Ceiling Height 15 Handicap Access Yes Heat System Hvac Office Available Sq Ft 0 Retail Available Sq Ft 1950 Retail Total Sq Ft 10964 Warehouse Available Sq Ft 0

    Property Features

    City Town Taxing Entity Gloversville Offered Lease SQFT 8.5 Septic No Sewer Yes Special Market Conditions No Special Conditions Tenant Pays Nnn + Utilities Total Taxes 20000 Total Taxes Description Estimated Use RetailShopping Center Water Muni Zoning Commercial

    This listing courtesy of Berkshire Hathaway Blake : 518-464-0870.


    © 2018 Eastern New York Regional Multiple Listing Service, Inc. The data relating to real estate on this website comes in part from the Internet Data Exchange program of the ENYRMLS. All information is deemed reliable but not guaranteed and should be independently verified. All properties subject to prior sale, change, or withdrawal. Neither listing broker(s), ENYRMLS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. Data last updated 2018-05-28T00:13:02.497.
     
    Victoria M Gettings Team
    1547 Route 9
    Clifton Park NY, 12065