SQUARE FEET3,515
MLS#202400652
STATUSActive
PROPERTY TYPECommercial - Medical
Property Description
This stand-alone WellNow Urgent Care/St. Peters Health Partner JV investment property is located at 11 Maple Avenue in Catskill, New York has 8+ years remaining on their 10-year lease with two (2), 5-year renewal options. The lease includes attractive 10% rental increases every five years throughout the initial term and renewal option periods. Attractive 6.5% cap rate. WellNow is part of the Aspen Dental ownership. Tenant reimburses for all real estate taxes, insurance, and their pro-rata share of common area maintenance, which is handled by the owner of the Harbor Freight & Advance Auto Parts Property. RECESSION & E-COMMERCE RESISTANT TENANT. Agent is owner and co listing with Horvath Tremblay. Call agent for information.
Property Features
Property Type: Commercial - Medical
Cooling: Central Air, Rooftop Unit
Heating: Forced Air, Natural Gas
Home Style: Retail
Lot Size: 0.57 Acres
Roof Type: Rubber, Flat
Taxes: $0
Feature Descriptions
Building Ceiling Height: 12
Business Name: WellNow Urgent Care
Current Use: Medical/Dental
Days on Site: 637
Electric Phase: Three Phase
Exterior: Block, Stucco, Other, Brick
General Taxes: 0.00
Lot Dimensions: 0
Parking: Off Street, Lighted, Parking Lot, Paved, Private
Parking Spaces: 33
School Taxes: 0.00
Sewer: Public Sewer
Sprinklers: No
SQFT Building Available: 3515
SQFT Retail Available: 3
Tenant Pays: Central Air, Water, Gas, Common Area Maintenance, Taxes, Insurance, Sewer, Trash Collection, See Remarks, Other, Management, Hot Water, Electricity
Village Taxes: 0.00
Water: Public
Listed By / Shown By
Listing By
Agency Name: Tri Capital Realty
Agency Phone: (518) 858-2637
Shown By
Agency Title: Coldwell Banker Commercial Prime Properties, Inc.
Agency Phone: 518-785-9000
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