538 Aviation Rd - Freestanding FOR SALE
Queensbury, NY 12804 |
$2,235,714 USD
214-692-2289
538 Aviation Rd
Queensbury, NY 12804
HIGHLIGHTS
- Brand new 2025 build-to-suit construction for Take 5 Oil Change
- 15-year absolute NNN lease with zero landlord responsibilities
- 10% rent increases every 5 years for the entire term of the lease (base + options)
- The property qualifies for bonus depreciation (consult with a tax professional for details)
- Corporate guarantee from an experienced Take 5 Oil Change operator (±60 Take 5locations & 245 locations across all franchise brands)
- Affluent demographics with an average household income of $109,435 annually (5-mileradius)
FOR SALE DETAILS
PRICE
$2,235,714 USD
PRICE/SF
$1,553 USD /SF
CAP RATE
7%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Take 5 Oil Change
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1998
SPRINKLERS
-
PARKING SPACES
16
LAND DETAILS
LAND ACRES
0.65 AC
LAND SF
28,314 SF
ZONING
CI
APN/PARCEL ID
523400 302.5-1-94
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214-692-2289
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214-692-2289
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