Net-Lease CVS
For Sale
Contact for pricing
12 S Central Ave, Mechanicville, NY 12118
CVS pharmacy offers longstanding occupancy with more than 10 years remaining and visibility from Main Street and Central Avenue.
Property SizeContact for details
Days on Market123
Property Features for 12 S Central Ave
General Information
Standard status
Active
Property subtype
Retail
Additional Details
Traffic Count
16,000 vehicles/day
Listing Agency:
CBRE - Oak Brook
Listed By:
Michael Kaider · License #IL 475154630
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 21 at 4:34PM
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 CBRE - Oak Brook
Investment Insights
Based on property information with market context.
CBRE’s Net Lease Property Group – Midwest presents the opportunity to acquire the fee interest in a CVS Pharmacy located at 12 S Central Ave in Mechanicville, New York. CVS has been at this location since 1997 and currently has over 10 years of term remaining, plus one 5-year renewal option. The property also reports a recent lease extension, with strong sales noted in the materials.
The location is well positioned and highly visible from Main Street and Central Avenue, with combined traffic counts exceeding 16,000 vehicles per day near the site. Mechanicville is in Schenectady County, approximately 24 miles northwest of Downtown Albany. The surrounding trade area includes over 31,000 residents within a five-mile radius, with average household income above $118,000.
The location is well positioned and highly visible from Main Street and Central Avenue, with combined traffic counts exceeding 16,000 vehicles per day near the site. Mechanicville is in Schenectady County, approximately 24 miles northwest of Downtown Albany. The surrounding trade area includes over 31,000 residents within a five-mile radius, with average household income above $118,000.
Key Highlights
- CVS Pharmacy in Mechanicville, NY (Schenectady County), about 24 miles northwest of Downtown Albany.
- CVS has been at this location since 1997 with over 10 years of term remaining.
- Lease includes one 5‑year renewal option with an 18.6% rental increase.
Property Analytics
Property Profile
Current Use
Lease Details
16,000 VPD
Traffic count
Location Intelligence
Trade Area within ½ mile
405
Businesses Nearby
63k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 53%
Dining 46%
Home Improvements & Furnishings 2%
McDonald's
Dining
16,002 visits/mo
0.1 miles
Cumberland Farms
Shops & Services
12,916 visits/mo
0.2 miles
Dunkin' Donuts
Dining
10,267 visits/mo
0.1 miles
Sunoco
Shops & Services
4,925 visits/mo
0.1 miles
Family Dollar
Shops & Services
4,094 visits/mo
0.1 miles
Demographics for 12118, NY
16,618
Population
8,079
Households
2.1
Avg Household Size
42
Median Age
33%
College-Educated
93%
High-School Grad
35.3 sq mi
ZIP Area
471
Density / Sq Mi
$91,182
Median Household Income
$54,079
Median Earnings
$1,105
Median Rent
$315,100
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
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Similar Off Market Nearby
- CVS Pharmacy — 12 S Central Ave, Mechanicville, NY 12118
- Dana M. Villanueva, PharmD — 12 s central ave, mechanicville, ny 12118
- Dana Villanueva — 12 S Central Ave, Mechanicville, NY 121181503
- Maria Mcguire — 12 S Central Ave, Mechanicville, NY 121181503
- Kristin Richter — 12 S Central Ave, Mechanicville, NY 12118
Frequently Asked Questions
What type of property is this?
Drug store - CVS pharmacy offers longstanding occupancy with more than 10 years remaining and visibility from Main Street and Central Avenue.
Where is this drug store located?
The property is located at 12 S Central Ave Mechanicville, NY.
What are key features of this property?
This property features: CVS Pharmacy in Mechanicville, NY (Schenectady County), about 24 miles northwest of Downtown Albany.; CVS has been at this location since 1997 with over 10 years of term remaining.; Lease includes one 5‑year renewal option with an 18.6% rental increase.
