2801 Guilderland Ave Rotterdam, NY

Listing agency SRS Real Estate Partners | New York b***@srsre.com Show Phone

Listed by Britt Raymond · License #10491212709 Show Phone

Source Moodyscre

Added: Feb 10, 2025 Updated: Jul 6 at 9:50AM Checked: Jul 20 at 3:04AM

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Investment Insights

Based on property information with market context.

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.

Key Highlights

• 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.

Property Analytics

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Similar Off Market Nearby

• Walgreens Pharmacy — 957 Curry Rd, Rotterdam, NY 12306
• CVS Pharmacy — 2801 Guilderland Ave, Rotterdam, NY 12306, United States
• Timothy L. Magila, PH — 957 Curry Rd, Rotterdam, NY 12306
• Jacqueline Aldershoff — 957 Curry Rd, Schenectady, NY 123062909
• GV Alternatives — 1821 Curry Rd, Schenectady, NY 12306

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.