OFFERING SUMMARY:
PRICE: $900,000
CAP RATE: 8.00%
NOI: $72,000
BUILDING SIZE: 5,978 Sq Ft
YEAR BUILT | RENOVATED: 1985 | 2018
LOT SIZE: +/- 0.81 Acres
DOWNLOAD DOCUMENT:
HIGHLIGHTS:
- Leading Collision Repair Provider
- Original 10-Year Lease with Scheduled Rent increases
- Albany, New York MSA
- 28% Below Market Rents and Priced Below Replacement Cost
- Highly Trafficked Corridor with Strong Traffic Drivers
- Strong Retail and Automotive Presence
EXCLUSIVELY LISTED BY:
DOMINIC SULO
Senior Managing Director Investments
Senior Director, Net Lease Properties Division
(630) 570-2171
dominic.sulo@marcusmillichap.com
DREW ANTONIOU
Senior Associate
(630) 570-2185
drew.antoniou@marcusmillichap.com
NEW YORK BOR
John Horowitz
Lic #10311204479