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538 Aviation Rd
Queensbury, NY 12804

$2,235,714 USD

Freestanding For Sale  •  1,440 SF

Property Details

• Property Type Freestanding
• Total Building Size 1,735 SF
• Lot Size 0.65 AC
• Building Class B
• Year Built 1998
• Cap Rate 7.00 %
• Tenancy Single
• Zoning CI

0 Transit Score

55 Walk Score

Highlights

Brand new 2025 build-to-suit construction for Take 5 Oil Change

15-year absolute NNN lease with zero landlord responsibilities

10% rent increases every 5 years for the entire term of the lease (base + options)

The property qualifies for bonus depreciation (consult with a tax professional for details)

Corporate guarantee from an experienced Take 5 Oil Change operator (±60 Take 5locations & 245 locations across all franchise brands)

Affluent demographics with an average household income of $109,435 annually (5-mileradius)

Cap Rate:

7.00 %

Public Transportation

Commuter Rail	Drive	Walk	Distance
Fort Edward Amtrak (Adirondack - Amtrak, Ethan Allen Express - Amtrak)	19 min	-	8.6 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	16
Type:	Surface
Included in Rent:	Yes