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Midas NNN Property
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779 Hoosick Road, Troy, NY 12180

The property is subject to a 20-year triple-net lease with scheduled annual increases beginning in Year 7.

Property Size4,720 SF
Price / SF$516.77
Days on Market5

Property Features for 779 Hoosick Road

General Information

Standard status Active
Size 4,720 SF
Property subtype Retail
Occupancy 100%
Lease Type NNN
Investment Type Net Lease
Net Operating Income $140,251

Building Details

Year Built 1995
Buildings 1
Tenancy Single
Listing Agency: SURMOUNT
Listed By: Glen Kunofsky · License #NY 49KU1129178
Source: Crexi
Added: Aug 31 Changed: Sep 3 Last Checked: Sep 3 at 2:34AM

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 SURMOUNT

Investment Insights

Based on property information with market context.

The Midas property at 779 Hoosick Road in Troy, New York, includes approximately 4,720 rentable square feet of building space. Constructed in 1995, the asset is leased under a 20-year NNN agreement that began September 1, 2026. The lease provides for 1.50% annual increases starting in Year 7.

Key Highlights

  • Midas property at 779 Hoosick Road, Troy, NY 12180
  • Approximately 4,720 rentable square feet of building space
  • 20‑year Triple Net (NNN) lease commenced September 1, 2026

Property Analytics

Current Use

Midas Auto Repair Shop

Suggested Use

Top Pick Real Estate Agency Law Firm Big Box & Wholesale Store Hair Salon Spa & Massage Center Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

282
Businesses Nearby
212k
Monthly Visits Nearby

Foot Traffic Nearby

Superstores 38% Dining 28% Shops & Services 21% Home Improvements & Furnishings 6%
Walmart Superstores
79,797 visits/mo 0.2 miles
McDonald's Dining
17,896 visits/mo 0.1 miles
Burger King Dining
15,983 visits/mo 0.3 miles
Dollar Tree Shops & Services
15,387 visits/mo 0.5 miles
Dunkin' Donuts Dining
12,925 visits/mo 0.2 miles

Demographics for 12180, NY

55,907
Population
25,527
Households
2.2
Avg Household Size
33
Median Age
40%
College-Educated
90%
High-School Grad
56.2 sq mi
ZIP Area
995
Density / Sq Mi
$73,767
Median Household Income
$41,787
Median Earnings
$1,188
Median Rent
$233,000
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
NNN property - The property is subject to a 20-year triple-net lease with scheduled annual increases beginning in Year 7.
Where is this nnn property located?
The property is located at 779 Hoosick Road Troy, NY.
What is the asking price?
The asking price for this property is $2,439,146.
What are key features of this property?
This property features: Midas property at 779 Hoosick Road, Troy, NY 12180; Approximately 4,720 rentable square feet of building space; 20‑year Triple Net (NNN) lease commenced September 1, 2026
(332) 345-4222 Call to check price and availability
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