3108 Carman Rd - Distribution FOR SALE


Schenectady, NY 12303
$949,000 USD
518-464-0870
3108 Carman Rd, Schenectady, NY for Sale
$949,000 USD
Distribution - FOR SALE
1/6
null | 7.1% Cap Rate

3108 Carman Rd
Schenectady, NY 12303


HIGHLIGHTS

  • NNN Leased to Investment Grade Tenant – Stable income with minimal landlord responsibilities under a triple-net lease.
  • Prime Industrial Location – ±6,000 SF small-format flex property on ±0.75 acres with multiple loading docks and excellent highway access.
  • Functional Small-Bay Design – Flexible layout tailored for efficient warehouse/distribution operations, addressing strong demand in the Capital Region

OVERVIEW

A ±6,000 SF small-format flex industrial property located on approximately 0.75 acres in the Town of Rotterdam, New York. The asset is prominently situated along Carman Road, offering strong visibility and convenient access, and is located less than one mile from Exit 25 of the New York State Thruway (I-90), a primary regional transportation corridor serving the Capital Region. The building is configured for efficient warehouse and distribution operations, featuring multiple loading docks and a flexible industrial layout suitable for single-tenant occupancy. Its small-bay design addresses growing tenant demand for well-located, functional industrial space with immediate highway access—an increasingly limited segment of the Capital Region market. The property is leased on a Triple-Net (NNN) basis to an investment-grade tenant through April 30, 2028, providing stable cash flow with minimal landlord obligations. Under the NNN structure, the tenant is responsible for taxes, insurance, and maintenance, offering investors a passive ownership opportunity with predictable income. With its strategic location, transportation connectivity, durable credit tenancy, and functional design, 3108 Carman Road represents a compelling industrial investment opportunity offering stable returns and long-term value potential.

FOR SALE DETAILS

PRICE

$949,000 USD

PRICE/SF

$158 USD /SF

CAP RATE

7.1%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Distribution

ADD'L SUBTYPES

Truck Terminal, Warehouse, Light Distribution

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2008

UTILITIES

-

CLEAR CEILING HT

14 Ft

DOCKS

6

DRIVE INS

-

PARKING SPACES

40

LAND DETAILS

LAND ACRES

0.73

LAND SF

31,799

ZONING

B-1

APN/PARCEL ID

071-006-0003-029-000-0000

ASK ABOUT THIS PROPERTY

Antonio JohnsonBerkshire Hathaway HomeServices Blake, REALTORSMore Info
518-464-0870

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

Antonio JohnsonBerkshire Hathaway HomeServices Blake, REALTORSMore Info
518-464-0870

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