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2801 Guilderland Ave Rotterdam, NY

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

Type:RETAIL
Property size:
13,225 SF
Lot size:
1.79 Acres
Price / SF:
$523/SF
Added:
Feb 10, 2025
Days on Market:
435
Last Refresh:
Apr 5 at 9:57 pm

Property Features for 2801 Guilderland Ave

General Information

Standard status
Active
Size
13,225 SF
Lot size
1.79 Acres
Property subtype
RETAIL

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Listing Contact
Britt Raymond
Britt Raymond

Listing agent Britt Raymond License #10491212709

Listing office SRS Real Estate Partners | New York

Listing date Feb 10, 2025

Source Moodyscre

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

All listing content including descriptions, pricing, images are the copyrighted material of SRS Real Estate Partners | New York


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.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

CVS Pharmacy CVS Pharmacy Pharmacy UPS Access Point ... Courier Service MoneyGram Bank CDReload - Online Bitcoin ... Crypto Atm

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

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

Similar Places 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

Location Insight

  • Map
  • Local Demand
City
Rotterdam
County
Schenectady
State
New York
Longitude
-73.9714
Latitude
42.7865

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 Call to check price and availability
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