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    2801 Guilderland Ave Rotterdam, NY 12306

    For Sale
    $6,920,000

    NNN leased CVS in Rotterdam, NY with 20 years remaining.

    Property size:
    13,225 SF
    Lot size:
    1.79 Acres

    Property Features for 2801 Guilderland Ave

    General Information

    Size
    13,225 SF
    Lot size
    1.79 Acres

    Source: SRS Real Estate Partners | New York Agent Britt Raymond

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Freestanding CVS Investment Property

    This is a freestanding CVS investment property located in Rotterdam, New York, within the Albany MSA. The property is offered for sale and is subject to an absolute NNN lease, with zero landlord responsibilities. The tenant, CVS Pharmacy, has approximately 20 years remaining on the lease term, with 10 (5-year) options to extend. CVS Pharmacy is a leading retail pharmacy with nearly 10,000 locations across 49 states. The property is 13,225 square feet. The asset includes a Credit Tenant Lease (CTL) zero cash flow financing which may be assumed, which also includes a paydown/readvance feature allowing 1031 exchange investors to pull cash out from the transaction.
    Insight Report Location Intelligence

    Current Use by Public Records

    CVS Drug Store CVS Pharmacy Pharmacy UPS Access Point ... Shipping And Mailing Service MoneyGram Money Transfer Service CDReload - Online Bitcoin ... Crypto Atm

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Walgreens Pharmacy, CVS Pharmacy, Timothy L. Magila, PH, Jacqueline Aldershoff, GV Alternatives

    Location Insight

    • Map
    • Local Demand
    City
    Rotterdam
    County
    Schenectady
    State
    New York
    Longitude
    -73.971359
    Latitude
    42.7865377

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    FAQs

    What type of property is this?
    Drug store - NNN leased CVS in Rotterdam, NY with 20 years remaining.
    Where is this drug store located?
    The property is located at 2801 Guilderland Ave Rotterdam, NY.
    What is the asking price?
    The asking price for this property is $6,920,000.
    What are key features of this property?
    This property features: - Absolute NNN lease offers a management-free investment.; - Credit Tenant Lease (CTL) with assumable financing and paydown/readvance feature.; - CVS Pharmacy, a leading retail pharmacy with nearly 10,000 locations.
    (704) 517-4712
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    2801 Guilderland Ave Rotterdam, NY 12306
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2801 Guilderland Ave Rotterdam, NY 12306
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