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Department Store

Target

2975 Horseblock Road, Medford, NY 11763

Listing Price: $23,375,000

Cap Rate
4.00%
Tenant Name
Target
Years Remaining On Lease
2.0
Gross SF
143,286
Guarantor
Corporate Guarantee
Rentable SF
143,286
Price/Gross SF
$163.14
Lease Type
NNN Ground Lease
Rent Per Square Feet
$6.53

Investment Overview

NNN Ground Lease with Target. 143,286 SF building resting on 16.59 acres. The building was built in 2005. Located on Horseblock Road the subject property is surround by numerous national retail tenants like Sam's Club, Michaels, TJ Maxx, Walgreens, Bank of America, Dairy Queen and much more.

Investment Highlights

  • NNN Ground Lease with Target
  • 143,286 SF building resting on 16.59 acres
  • Five, (10) Options; 10% Increases each Option

Exclusively Listed By

Department Store

Target

Listing Price: $23,375,000

Cap Rate
4.00%
Tenant Name
Target
Years Remaining On Lease
2.0
Gross SF
143,286
Guarantor
Corporate Guarantee
Rentable SF
143,286
Price/Gross SF
$163.14
Lease Type
NNN Ground Lease
Rent Per Square Feet
$6.53

Investment Highlights

  • NNN Ground Lease with Target
  • 143,286 SF building resting on 16.59 acres
  • Five, (10) Options; 10% Increases each Option

Investment Overview

NNN Ground Lease with Target. 143,286 SF building resting on 16.59 acres. The building was built in 2005. Located on Horseblock Road the subject property is surround by numerous national retail tenants like Sam's Club, Michaels, TJ Maxx, Walgreens, Bank of America, Dairy Queen and much more.

Exclusively Listed By

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