Veterinary Clinic NNN
1946 Central Ave Albany, NY 12205
1946 Central Ave, Albany, NY, 12205
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For Sale
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Built in 1940 and leased by a national operator, this veterinary clinic offers an Absolute NNN structure with corporate guarantee.
Property Size4,238 SF
Lot Size0.74 Acres
Days on Market103
Property Features for 1946 Central Ave
General Information
- Standard status
- Active
- Size
- 4,238 SF
- Lot size
- 0.74 Acres
- Property subtype
- Office
Listing agency
Matthews
Listed by
Andrew Evans · License #CA - 0255475
Source
Crexi
Added: Apr 11 Updated: Jul 22 at 4:35AM Checked: Jul 22 at 4:35AM
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 Matthews
Investment Insights
Based on property information with market context.
Built in 1940, this veterinary clinic totals 4,238 SF and sits on a 0.74-acre lot with ample parking. The offering is an Absolute NNN lease featuring a corporate guarantee and approximately 10.5 years remaining, along with 2% annual increases in the base and renewal term. The lease also includes two (2) five-year options.
The property is located on Central Avenue with excellent ingress and egress, positioned within a dense residential area. Central Avenue is described as having national retailers including Aldi, Kohl’s, Dollar Tree, CarMax, and Walgreens, among others.
The tenant is Rarebreed Veterinary Partners, a national vet operator. The remarks note the company was founded in 2019 and recently acquired Vet’s Best Friend, resulting in 100+ locations.
The property is located on Central Avenue with excellent ingress and egress, positioned within a dense residential area. Central Avenue is described as having national retailers including Aldi, Kohl’s, Dollar Tree, CarMax, and Walgreens, among others.
The tenant is Rarebreed Veterinary Partners, a national vet operator. The remarks note the company was founded in 2019 and recently acquired Vet’s Best Friend, resulting in 100+ locations.
Key Highlights
- 4,238 SF veterinary clinic built in 1940 on a 0.74‑acre lot with ample parking
- Absolute NNN lease with corporate guarantee and +/- 10.5 years remaining
- Lease has 2% annual increases in the base and renewal term
Property Analytics
Location Intelligence
Current Use by Public Records
Medical Office Space
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FAQs
What type of property is this?
Medical Office Space - Built in 1940 and leased by a national operator, this veterinary clinic offers an Absolute NNN structure with corporate guarantee.
Where is this medical office space located?
The property is located at 1946 Central Ave Albany, NY.
What are key features of this property?
This property features: 4,238 SF veterinary clinic built in 1940 on a 0.74‑acre lot with ample parking; Absolute NNN lease with corporate guarantee and +/- 10.5 years remaining; Lease has 2% annual increases in the base and renewal term
