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41 Vista Blvd

Slingerlands, NY 12159

$19,500,000

General Retail For Sale  •  65,000 Sq Ft

Property Details

  • Property Type General Retail
  • Total Building Size 65,000 Sq Ft
  • Lot Size 219.6 ac
  • Building Class B
  • Year Built 2012
  • Cap Rate 6.46 %
  • Tenancy Single
  • Zoning 02
33 Transit Score
30 Walk Score

Description

ShopRite is a free-standing 65,000 square foot NN leased ShopRite grocery store located in Slingerlands (Albany County) NewYork, approximately 5 miles west of Albany. ShopRite has operated since 2012 on a 20-year lease expiring in 2032. ShopRite has five 5-year options and one 3.5year option remaining to extend the lease through 2061.

Highlights

65,000 SF NN ShopRite Grocery Store
Wakefern Corporate Lease
Five Miles West of Downtown Albany
Fourteen Years(09/30/32)Remaining on Lease, Plus Five, 5-Year Options

Financial Summary

Cap Rate: 6.46 %

Major Tenants

Tenant SF Occupied Lease End Date
ShopRite 65,000 SF

Public Transportation

AirportDriveWalkDistance
Albany International Airport 24 min - 13.3 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 320
Type: Surface
Included in Rent: Yes
Joseph French 914-220-9740 Marcus & Millichap Inc
Joseph French 914-220-9740 Marcus & Millichap Inc