Cambridge, NY 12816 · Washington County

This 15,103 square foot commercial property on 5 acres in Cambridge offers income through multiple tenants. Dollar General has occupied approximately 81 percent of the building since 2006 under a long-term lease, with additional storage space leased to another tenant. The property also generates revenue from a ground lease with Verizon for a tower installation. Built in 1980 with central air and forced air systems, the building features a newly paved parking lot and upgraded lighting. The 5-acre lot provides room for future development. Triple Net lease structure applies, with no HOA fees.
This well-maintained 15,103 square foot commercial building presents a investment opportunity with a long-term lease to a nationally recognized tenant, Dollar General who has been the anchor tenant since 2006, occupying 81% of the building. The remaining 19% is leased as storage space to another tenant, providing additional, stable rental income. The property also has a long term ground lease to Verizon for a tower. The property is Located on a sprawling 5-acre lot with room to construct another building on the property for additional income. The property features a newly paved parking lot and upgraded lighting, ensuring a welcoming and safe environment for customers and tenants alike. The leases are structured as a Triple Net (NNN) lease, The asking price is for the building, property and the Verizon Tower lease & easement is $1,250,000. If interested in just the Building and property without the Verizon tower lease and easement the asking price is $985,000.
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Cambridge is in Washington County, NY. There are currently 16 active listings here, ranging from $99,900 to $989,900. Priced 188% above the Cambridge median of $342,500.
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Julie & Co Realty LLC · Listed by Amy Farchione-Sgromo (32112)
Contact: 315-863-2777
MLS #202612137 · Source: Global MLS, Inc.
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Activity across 2 MLS listings of this property.
Real numbers from current MLS data. Not a third-party estimate.