485 Gilberts Corners Road

• Triple net lease for Solar Farm for 337 acres at $631,019 per year.
• Tenant Florida Power & light.
• Other income $559,334

Property Description

One of the largest Solar Farms, 355 acres in New York State. Leased to Florida Power & Light. Twenty Five (25) year lease signed 2021 with two (2) twelve options. Rent 2024 $631,010.68 per year NNN. Total Acres 1,157. The remaining acres consist of a working farm with barns and residences that collect rental income. One of several homes on the property is an owner's residence in the style as a log home complete with seeping vista views of the surrounding land and farm. The working farm produces crops for livestock including hay, corn and Alfalfa. Total current income collectively of over $1,100,000 per year.