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.
202320945
Retail, Business Opportunities, Other
Schenectady
1995
1
Acres
Public
Block,Stucco
Public Sewer
15,470
Sq. Ft.
Retail, Investment
Retail
School Information
Jefferson ES
Schalmont
Interior Features
- Flooring
- Vinyl
- Cooling
- Central Air
- Heating
- Gas Heat. .
- Accessibility
- Ramps. Doors. Accessible Entrance, Accessible Approach with Ramp, Accessible Doors.
- Security
- Smoke Detector(s), Fire Sprinkler System, Fire Alarm
Exterior / Lot Features
- Parking
- 255 Parking Spaces.
- Exterior
- Stucco, Block
- Roof
- Flat, Rubber
- Zoning
- Commercial
Community Features
- Security Features
- Smoke Detector(s), Fire Sprinkler System, Fire Alarm
- Complex Features
- Smoke Detector(s), Fire Sprinkler System, Fire Alarm
Financial Considerations
422800 48.5-3-10.4/1
$40,000
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