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920 N Payne Ave, North Tonawanda, NY  14120

List Price: $1,450,000

Details:
   School District:   North Tonawanda
    Acres:   0.840
    Square Feet:   3508
    Gross Square Feet:   3508
    Retail Square Feet:   3508
    Road Frontage:   216
    Lot Depth:   163
    Lot Shape:   Rectangular
    Estimated Taxes:   $26,555
    Year Built:   2001
    Stories:   1.0
    Zoning:   Commercial
    Zoning Code:   commercial
    Franchise?:   Yes
    Living Quarters?:   No
    Residential Units:   0
    Leases:   1
    Available Parking:   75.000
    Buildings:   1
    Units:   1
    Transaction Type:   Sell
    MLS Number: B398250
    Broker:   CENTURY 21 Gold Standard

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Description:
Investors and Developers take note Tremendous site for sale with long term tenant and a NNN base rent land lease with additional % rent income. Great investment opportunity as current lease runs over 13 years, and good net income on site averaging over 115,000 per year over last three years, site itself is a little under an acre and situated in a good location directly across from retail area, and near light. plenty of off street parking and desirable tenant already established, just sit back and collect your rent on this no maintenance lease situation.
Tenant Pays:
   Maintenance
   Taxes
   Utilities
   Water
   Other - See Remarks
   Assessments
   Janitorial Services
   Heat
   Security
   Electric
   Common Area Maintenance
   Rent
   Insurance
Sale Includes:
   Land Only
   Land and Building
Location:
   Business District
   Corner
Type Of Building:
   Other - See Remarks
   Restaurant / Food
Lease Term Remaining:
   Over 5 Years
   Right of 1st Refusal
Seller Provides:
   Survey
Roof:
   Flat
Sewer / Water:
   Public Sewer Connected
Type of Sale:
   Normal
Public Transportation:
   1-2 Blocks
Parking Description:
   Surfaced
HVAC Type:
   AC-Central
Category:
   Land Lease
Heating Fuel:
   Gas
Income/expense Information:
   Provided By Owner
Basement:
   None
Operating Expenses Include:
   Other - See Remarks
Property Use:
   Conforming

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Information deemed reliable but not guaranteed.