948 State St - Freestanding FOR SALE


Schenectady, NY 12307- Hamilton Hill
$1,525,079 USD
407-913-9009
948 State St, Schenectady, NY for Sale
$1,525,079 USD
Freestanding - FOR SALE
1/5
null | 8.15% Cap Rate

948 State St
Schenectady, NY 12307
Hamilton Hill


OVERVIEW

Corporate NNN Lease: Absolute NNN lease providing completely passive ownership with 10% rent increases every five years in the primary term and options Prime Location: Over 23,300 vehicles per day along State Street Union College: Situated just one mile away, with an enrollment of over 2,000 students Excellent Local Demographics: The Property will benefit from the excellent surrounding demographics, with a 10-mile population of 300,000 earning an average household income of $105.000 Strong Retail Corridor: Strategically located near numerous national tenants such as Dunkin, McDonald’s, Advance Auto, and Popeyes

FOR SALE DETAILS

PRICE

$1,525,079 USD

PRICE/SF

$183 USD /SF

CAP RATE

8.15%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Family Dollar

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2016

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.96 AC

LAND SF

41,818 SF

ZONING

05

APN/PARCEL ID

049-042-0002-012-021-0000

ASK ABOUT THIS PROPERTY

Connor ShellStream Capital PartnersMore Info
407-913-9009

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Connor ShellStream Capital PartnersMore Info
407-913-9009

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