954 State St - Convenience Store FOR SALE


Schenectady, NY 12307- Hamilton Hill
$1,553,675 USD
332-345-4222
954 State St, Schenectady, NY for Sale
$1,553,675 USD
Convenience Store - FOR SALE
1/2
null | 8% Cap Rate

954 State St
Schenectady, NY 12307
Hamilton Hill


HIGHLIGHTS

  • Strong Real Estate Fundaments
  • Prime Target Market
  • Strong Demographics

OVERVIEW

NNN Pro is pleased to present the exclusive listing for a Family Dollar located at 954 State St., Schenectady, NY 12305. The site consists of roughly 8,320 rentable square feet of building space on an estimated 0.96- acre parcel of land. This Family Dollar is subject to a 15-year Triple Net (NNN) lease, which commenced April 1st, 2016. The current annual rent is $124,294 and has scheduled increases of 10% in 2026 and in each option.

FOR SALE DETAILS

PRICE

$1,553,675 USD

PRICE/SF

$187 USD /SF

CAP RATE

8%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Family Dollar

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

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 - COMME

APN/PARCEL ID

049-042-0002-012-021-0000

ASK ABOUT THIS PROPERTY

Glen KunofskyNNN Pro GroupMore Info
332-345-4222

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Glen KunofskyNNN Pro GroupMore Info
332-345-4222

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