75 North St, Saugerties, NY 12477

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Building Details:

• Year Built: 1979

75 North St is located in Saugerties, NY.

Single Tenant Net Leased Investment-NOI $122,250-Lease is absolute net with tenant paying all expenses and maintenance. Landlord has no responsibilities. Tenant has just exercised a 5 year renewal option which begins 1/1/10. There are 2 five yer renewal options remaining. The tenant has occupied the building since 1980. The tenant is Ametek, an international, manufacturing company with $2.5 billion in annual sales. The Rotron division that occupies this building makes a complete line of blowers, motors, fans and pumps for the aerospace and defense industries, as well as for more conventional industrial uses. Subject is located in Saugerties Industrial Park, 1-mile from Exit 20 of the NYS Thruway.