Investment opportunity in Schermerhorn Hollow Village. Located next to BJ's Warehouse. Current tenant is Dollar Tree with triple net lease. NEW 7 YEAR LEASE IN PLACE THROUGH 2030 WITH 2 RENEWAL OPTIONS! Excellent accessibility from I890. Traffic Count: 20,000+ AADT. Located directly across from VIA Port Rotterdam. New York State offices with 800+ employees is adjacent. Less than a mile from GE plant. Site offers municipal water/sewer, fiber. Can be sold with other adjacent properties in the plaza. Plenty of parking with great visibility. Priced at a 5% cap rate.
Property Type(s):
Commercial
|
Last Updated
|
3/11/2024
|
Year Built
|
1995
|
|
County
|
Schenectady
|
SCHOOLS
| Elementary School |
Jefferson ES |
| High School |
Schalmont |
Price History
|
Prior to Mar 11, '24
|
$2,200,000 |
| Mar 11, '24 - Today |
$2,150,000 |
Additional Details
| AIR |
Central Air |
| AIR CONDITIONING |
Yes |
| BUYER'S BROKERAGE COMPENSATION |
2.00 |
| CONSTRUCTION |
Block, Stucco |
| HEAT |
Natural Gas |
| LOT |
1 acre(s) |
| SEWER |
Public Sewer |
| TAXES |
40000 |
| WATER |
Public |
| ZONING |
Commercial |
Location
This listing courtesy of Armida Rose Realty Group
Listing information is deemed reliable, but not guaranteed.
This IDX solution is (c) Diverse Solutions 2024.
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