461 2nd Ave - Drug Store FOR SALE


Troy, NY 12182
$3,193,000 USD
954-288-3678
461 2nd Ave, Troy, NY for Sale
$3,193,000 USD
Drug Store - FOR SALE
1/3
null | 7.5% Cap Rate

461 2nd Ave
Troy, NY 12182


HIGHLIGHTS

  • Commitment to Location: CVS recently renewed its lease at this site without negotiations, underscoring its strong commitment to this location.
  • Long-Standing Presence: CVS has been operating here since 2004, providing nearly 20 years of uninterrupted service.
  • Passive Ownership Structure: Landlord responsibilities are limited exclusively to the roof and structure, making this a hassle-free investment.

OVERVIEW

Cory Rosenthal License No. 10991237833 (NY) (866) 889-0550 Matthews Real Estate Investment Services, Inc 1600 West End, Ste. 1500 Nashville, TN 37203

FOR SALE DETAILS

PRICE

$3,193,000 USD

PRICE/SF

$291 USD /SF

CAP RATE

7.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

CVS PHARMACY

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2004

SPRINKLERS

-

PARKING SPACES

56

LAND DETAILS

LAND ACRES

1.67 AC

LAND SF

72,745 SF

ZONING

B5

APN/PARCEL ID

1700-080.63-11-1

ASK ABOUT THIS PROPERTY

Dylan SchroederMatthews Real Estate Investment ServicesMore Info
954-288-3678

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Dylan SchroederMatthews Real Estate Investment ServicesMore Info
954-288-3678

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