779 Hoosick Rd - Auto Repair FOR SALE


Troy, NY 12180
$2,439,146 USD
201-661-1238
779 Hoosick Rd, Troy, NY for Sale
$2,439,146 USD
Auto Repair - FOR SALE
1/3
null | 5.75% Cap Rate

779 Hoosick Rd
Troy, NY 12180


HIGHLIGHTS

  • Excellent Corporate Guarantee from Leading Tire Retailer
  • Robust Unit - Level Performance
  • Strong Retail & Automotive Corridor
  • Located Near Rensselaer Polytechnic Institute
  • Affluent, Growing Trade Area
  • Tight, Supply - Constrained Retail Submarket

OVERVIEW

Surmount is pleased to present the exclusive listing for a Midas located at 779 Hoosick Road, Troy, NY 12180. The site consists of roughly 4,720 rentable square feet of building space. Midas is subject to a 20-year Triple Net (NNN) lease which commenced on September 1, 2026. The annual rent is $140,251 and has scheduled increases of 1.50% Annually Starting Year 7.

FOR SALE DETAILS

PRICE

$2,439,146 USD

PRICE/SF

$517 USD /SF

CAP RATE

5.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Midas

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1995

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.68 AC

LAND SF

29,620 SF

ZONING

-

APN/PARCEL ID

2200-091-2-30

ASK ABOUT THIS PROPERTY

Francis PurritanoSurmountMore Info
201-661-1238

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Francis PurritanoSurmountMore Info
201-661-1238

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