- For Sale $4,500,000
- Property Type Retail - Street Retail
- Property Size 5,332 SF
- Lot Size 1 Acre
- Year Built 1981
- Date Updated Nov 9, 2026
Description
Property sits on a 1 acre + parcel immediately off I 87 Exit 42 in Champlain NY appx 1.8 miles south of the Canadian border.Great opportunity to purchase this Absolute Net Lease deal with new 20 year lease. 5.0% rent increases every 5 years. Current rent $300,000/YEAR. Valero branded fuel, Dunkin Ds, and inside food court. Master tenant Avatar Petroleum. Located just 1.8 miles south of the Canadian Border.
6.70% Cap based on current rent.
Highlights
- 20 year lease with bumps.
- Absolute Net Deal.
- Poughkeepsie NY based Master Tenant.
- Rent paid monthly
False
Contacts
Steven Lerner
Vanguard-Fine
Location
Contact Listing Broker
Steven Lerner
Vanguard-Fine