Drug Store
CVS/pharmacy + Upside
153 Central Ave, Albany, NY 12206
Listing Price: $4,000,000
Cap Rate
5.60%
Tenant Name
CVS
Years Remaining On Lease
7.6
Guarantor
Corporate Guarantee
Rentable SF
18,200
Lease Type
Double Net
Rent Per Square Feet
$12.62
Investment Overview
Marcus & Millichap is pleased to present 153 Central Avenue, Albany, New York.
Exclusively Listed By
Listing Price: $4,000,000
Cap Rate
5.60%
Tenant Name
CVS
Years Remaining On Lease
7.6
Guarantor
Corporate Guarantee
Rentable SF
18,200
Lease Type
Double Net
Rent Per Square Feet
$12.62
Investment Highlights
- Long-Term Tenant: CVS at Location Since 1984
- Excellent Store Sales
- Inflationary Hedge: 10% Rent Increases in Options
Investment Overview
Marcus & Millichap is pleased to present 153 Central Avenue, Albany, New York.
Exclusively Listed By
