6098 State Highway 37 Massena, NY 13662

  • 3,200 Square Feet
  • Retail
  • For Sale

Summary Description

We are pleased to offer to qualified investors an absolute NNN investment fully leased to McDonald’s Corporation in the city of Massena, NY. The property is located on approximately .92 acres of land and is positioned as an outparcel to the St. Lawrence Centre, which is a shopping mall managed by Carlyle Development Group. There are approximately 44 stores with 4 anchor tenants, totaling over 550,000 SF of GLA. McDonald’s has operated at this location since 1993. There are approximately 7 years remaining with 3 - 5 Year option periods. There are 10% rental increases each option. The current rent is $48,315 per annum, which is significantly below market rent.

Property Status: Ground Lease

Price: $1,025,000.00

Building Size: 3200 Square Feet

Area Available: 3,200 Square Feet

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