2290 Downer Street Road, Van Buren

Description

Outstanding two-tenant net-leased investment opportunity at 2290 Downer Street Road in Baldwinsville. Built in 2021, this approximately 5,868-square-foot commercial property is occupied by Valvoline and an urgent-care provider under long-term triple-net leases. Combined initial annual rent is approximately $130,950, with scheduled rent increases of approximately 10% every five years. The modern facility includes three service bays, attractive commercial construction, a full basement and excellent visibility along Downer Street Road. Situated on approximately 1.06 acres with roughly 200 feet of road frontage and convenient access near Meigs Road. The two-tenant configuration provides diversified income, while the NNN lease structure offers investors a comparatively passive ownership opportunity with limited landlord expense obligations. An attractive option for a 1031 exchange buyer or investor seeking long-term contractual income and built-in rental growth. Property is offered subject to existing leases. Financial information, leases and supporting documentation are available to qualified buyers upon execution of a confidentiality agreement.