Property Description
Strong Commitment to Location - Tenant has been at this location since 1966 demonstrating strong commitment to the siteÂ
Strong Site Traffic - Approximately 17,000 VPD pass the subject propertyÂ
Growing Submarket - Nearly 130,000 live within 10 minutes off the subject propertyÂ
Value Add Opportunity - The income producing lot has been zoned to allow for a 3,000 SF QSR with Drive-Thru (current tenant is on a month-to-month lease; Landlord has right to terminate at any time)Â
Below Market Rents - Rent is currently $8.69 PSF
Recent 10-Year Extension - Goodyear signed a 10 year extension with a 14% rental increase showing their desire to stay at this location
New Roof - Roof was replaced at the end of 2023Â
Offering Memorandum
Property Details
Property Type
Retail
Net-Lease
NN+
Size
7,459
Acres
0.77
Property Location
1745 Black River Boulevard, Rome, NY, USA