484 Central Ave - Storefront FOR SALE
Albany, NY 12206 |
484 Central Ave
Albany, NY 12206
HIGHLIGHTS
- 484 Central Ave is an attractive investment opportunity for a freestanding retail property with exceptional visibility and a NN lease in place.
- Ideally situated along a vibrant commercial corridor in Albany's Beverwyck neighborhood, surrounded by a large population.
- Family Dollar has occupied the property for over 30 years and has a corporate-guaranteed lease with an upcoming 10% rental escalation.
- Retailers such as ShopRite, The Home Depot, CVS, McDonald’s, Popeyes, and the University of Albany are minutes from the property.
- 484 Central Avenue receives very high customer traffic and has few landlord responsibilities, which include roof and parking lot maintenance.
FOR SALE DETAILS
PRICE
-
CAP RATE
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% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Family Dollar
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Storefront
TOTAL BUILDING SIZE
7857
STORIES
1
YEAR BUILT
1930
SPRINKLERS
-
PARKING SPACES
50
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
010100-065-045-0001-001-001-0000
