NNN Retail Property
For Lease
Contact for pricing
954 State St, Schenectady, NY 12307
Corporate absolute NNN lease with scheduled 10% rent increases every five years during the primary term and options.
Property Size8,320 SF
Days on Market65
Property Features for 954 State St
General Information
Standard status
Active
Size
8,320 SF
Property subtype
RETAIL
Additional Details
Traffic Count
23,300 vehicles/day
Listing Agency:
STREAM Capital Partners
(407) 913-9009
Listed By:
Connor Shell · License #RES.0804114
Source:
Moodyscre
Added: May 27
Changed: Jul 28
Last Checked: Jul 30 at 9:00AM
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 STREAM Capital Partners
Investment Insights
Based on property information with market context.
This offering is a corporate absolute NNN retail lease structured as an absolute NNN arrangement. The terms provide passive ownership with 10% rent increases every five years throughout the primary term and any options.
The property is located along State Street with reported traffic of over 23,300 vehicles per day. Union College is listed as approximately one mile away, with enrollment of over 2,000 students, supporting the surrounding local demographics.
The property is provided for lease and totals 8,320 square feet.
The property is located along State Street with reported traffic of over 23,300 vehicles per day. Union College is listed as approximately one mile away, with enrollment of over 2,000 students, supporting the surrounding local demographics.
The property is provided for lease and totals 8,320 square feet.
Key Highlights
- Corporate absolute NNN lease with completely passive ownership
- Scheduled 10% rent increases every five years during the primary term and options
- Over 23,300 vehicles per day along State Street
Property Analytics
Current Use
Lease Details
23,300 VPD
Traffic count
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
1,198
Businesses Nearby
Explore this area
Business Placement
Demographics for 12307, NY
7,567
Population
3,491
Households
2.2
Avg Household Size
32
Median Age
14%
College-Educated
74%
High-School Grad
0.7 sq mi
ZIP Area
10,810
Density / Sq Mi
$33,191
Median Household Income
$28,878
Median Earnings
$1,110
Median Rent
$95,900
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
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Frequently Asked Questions
What type of property is this?
NNN property - Corporate absolute NNN lease with scheduled 10% rent increases every five years during the primary term and options.
Where is this nnn property located?
The property is located at 954 State St Schenectady, NY.
What are key features of this property?
This property features: Corporate absolute NNN lease with completely passive ownership; Scheduled 10% rent increases every five years during the primary term and options; Over 23,300 vehicles per day along State Street
