OFFERING SUMMARY:

PRICE: $900,000
CAP RATE: 8.00%
BUILDING SIZE: 5,978 Sq Ft
NOI: $72,000
YEAR BUILT | RENOVATED: 1985 | 2018
LOT SIZE: +/- 0.81 Acres

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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