Listing Courtesy of: 585-729-2500 - Richard Leasure - Howard Hanna
585-473-1320
$850,000
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3505 Thomas Dr Lakeville, NY 14480
Office
Residence
Beds
Baths
7,440
Sq. Ft.
1.58
Acre
Lot
Property Activity
Time on Site
days
Days on Market
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Modern well built one story building in excellent condition leased to the Dormitory Authority State of NY which has a triple A credit rating. The current tenant pays $8821.50 per month plus cams and tax and insurance escalators. The tenant has been there since 2010. Current lease expires 8/30/26 and... the tenant has one five year renewal option. The owner feels confident that the tenant will renew. ADA compliant. Located right across from Conesus Lake in Lakeville NY. Excellent cash flow. 9.18% cap rate. Income and expense information is attached.
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MLS#
R1555980
Property Type
Office
Year Built
1990
Square Feet
7,440
sq. ft
Lot Size
1.58
Sewer
Sewer Connected
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