Office Medical
Aspen Dental & Cosmoprof
1710 Altamont Ave, Schenectady, NY 12303
Listing Price: $1,200,000
Investment Overview
Subject Property is in Schenectady, New York, between Interstate-90 and Interstate-890, along Altamont Avenue. This Dense Retail corridor is Host to Major National Tenants, including Target, Walmart Supercenter, Hannaford Supermarket, The Home Depot, Starbucks, ALDI, Save-a-Lot, McDonald's, Burger King, Pizza Hut, Taco Bell, Verizon, and many more. The Asset has Monument Signage, Ample Parking, Ingress/Egress to Altamont Ave and Greenpoint Ave, with 130-Feet of Direct Frontage along Altamont Ave, Which is Exposed to 21,000+ Vehicles Daily.
A Local Attraction, Rivers Casino & Resort opened in 2017, Offering Slots, Poker, Dining, Entertainment, and Spa. Proctors Theater is Located Here and is the Destination for Major Broadway Shows. Also located here is Mohawk Harbor, a 60-Acre Master Planned Community that Integrates Luxury Living, High-Tech Offices, Restaurants, and Retail Along one-Mile of the Mohawk River. It is part of the Rivers Casino & Resort, with Over One Million Square Feet and just a Short Five-Minute Drive from this Asset.
For over 20 years, since its construction in 1999, this property remains home to two National Tenants, Aspen Dental and CosmoProf. Both Tenants Operate on NNN Leases with 10% Rent Escalations every Five Years, providing Low-Risk Passive Income. This Property is a Twenty-Minute drive to Downtown Albany, NY. Albany is Known for its Rich History, Commerce, Architecture, and Institutions of Higher Education.
Aspen Dental & Cosmoprof
Investment Highlights
- 6,000 Rentable Square Feet of Well-Maintained Property on 0.71 acres
- Two National Tenants in Place for Over 20 Years, Since the Building was Constructed
- Tenants Operate on New 5 Year NNN Leases With Renewal Options
- Situated Along the Main Retail Corridor With National Brands - Walmart, Target, Aldi
- New Leases Reflect Both Tenants Commitment to this Location
- 10.4 Miles to Albany International Airport
Exclusively Listed By
Financing By
Office Medical
Aspen Dental & Cosmoprof
Listing Price: $1,200,000
Investment Highlights
- 6,000 Rentable Square Feet of Well-Maintained Property on 0.71 acres
- Two National Tenants in Place for Over 20 Years, Since the Building was Constructed
- Tenants Operate on New 5 Year NNN Leases With Renewal Options
- Situated Along the Main Retail Corridor With National Brands - Walmart, Target, Aldi
- New Leases Reflect Both Tenants Commitment to this Location
- 10.4 Miles to Albany International Airport
Investment Overview
Subject Property is in Schenectady, New York, between Interstate-90 and Interstate-890, along Altamont Avenue. This Dense Retail corridor is Host to Major National Tenants, including Target, Walmart Supercenter, Hannaford Supermarket, The Home Depot, Starbucks, ALDI, Save-a-Lot, McDonald's, Burger King, Pizza Hut, Taco Bell, Verizon, and many more. The Asset has Monument Signage, Ample Parking, Ingress/Egress to Altamont Ave and Greenpoint Ave, with 130-Feet of Direct Frontage along Altamont Ave, Which is Exposed to 21,000+ Vehicles Daily.
A Local Attraction, Rivers Casino & Resort opened in 2017, Offering Slots, Poker, Dining, Entertainment, and Spa. Proctors Theater is Located Here and is the Destination for Major Broadway Shows. Also located here is Mohawk Harbor, a 60-Acre Master Planned Community that Integrates Luxury Living, High-Tech Offices, Restaurants, and Retail Along one-Mile of the Mohawk River. It is part of the Rivers Casino & Resort, with Over One Million Square Feet and just a Short Five-Minute Drive from this Asset.
For over 20 years, since its construction in 1999, this property remains home to two National Tenants, Aspen Dental and CosmoProf. Both Tenants Operate on NNN Leases with 10% Rent Escalations every Five Years, providing Low-Risk Passive Income. This Property is a Twenty-Minute drive to Downtown Albany, NY. Albany is Known for its Rich History, Commerce, Architecture, and Institutions of Higher Education.
Exclusively Listed By
Financing By
