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Cambridge, NY 12816 · Washington County
This well-maintained 15,103 square foot commercial building presents a lucrative investment opportunity with a long-term lease to a nationally recognized tenant, Dollar General. Located on a sprawling 5-acre lot, the property features a newly paved parking lot and upgraded lighting, ensuring a welcoming and safe environment for customers and tenants alike.Dollar General 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 lease is structured as a Triple Net (NNN) lease, wherein the tenant is responsible for property taxes, insurance, and maintenance, minimizing landlord responsibilities and expenses. The property is offered at an attractive 8% capitalization rate, delivering strong returns on investment. Centrally located, the property benefits from excellent visibility and accessibility, boosting foot traffic and sales.
Cambridge is in Washington County, NY. There are currently 10 active listings here, ranging from $82,000 to $1,025,000. Priced 119% above the Cambridge median of $467,450.
See Sharon's Cambridge community guide20 facts about this property
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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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Real numbers from current MLS data. Not a third-party estimate.
Activity across 2 MLS listings of this property.
