Commercial Real Estate /NY /Albany County /Latham /16 Avis Dr
Commercial Real Estate /NY /Albany County /Latham /16 Avis Dr

16 Avis Dr - Light Distribution FOR SALE


Latham, NY 12110 | 
$5,200,000 USD
518-364-7406
16 Avis Dr, Latham, NY for Sale
$5,200,000 USD
Light Distribution - FOR SALE
1/9
null | 7% Cap Rate
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16 Avis Dr
Latham, NY 12110

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HIGHLIGHTS

  • GREAT INVESTMENT OPPORTUNITY for a warehouse in EXCELLENT CONDITION with NYS as a LONG-TERM TENANT, over 30 years at this location, with a newly signe

OVERVIEW

GREAT INVESTMENT OPPORTUNITY for a warehouse in EXCELLENT CONDITION with NYS as a LONG-TERM TENANT, over 30 years at this location, with a newly signed 10 year lease. All increases in operating expenses and taxes above base year are covered by tenant. 7% CAP rate. Warehouse roof replaced in 2026.

FOR SALE DETAILS

PRICE

$5,200,000 USD

PRICE/SF

$98 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

Light Distribution

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1972

UTILITIES

-

CLEAR CEILING HT

23 Ft

DOCKS

5

DRIVE INS

3

PARKING SPACES

45

LAND DETAILS

LAND ACRES

2.8

LAND SF

121,968

ZONING

ABA

APN/PARCEL ID

012689-019-003-0001-013-000-0000

ASK ABOUT THIS PROPERTY

Jessica RicherThe Richer Team at Hanna Commercial Real EstateMore Info
518-364-7406

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Jessica RicherThe Richer Team at Hanna Commercial Real EstateMore Info
518-364-7406

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

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