Description
Investment opportunity in Schermerhorn Hollow Village. Located next to BJ's Warehouse. Current tenant is Dollar Tree with triple net lease. NEW 7 YEAR LEASE IN PLACE THROUGH 2030 WITH 2 RENEWAL OPTIONS! Excellent accessibility from I890. Traffic Count: 20,000+ AADT. Located directly across from VIA Port Rotterdam. New York State offices with 800+ employees is adjacent. Less than a mile from GE plant. Site offers municipal water/sewer, fiber. Can be sold with other adjacent properties in the plaza. Plenty of parking with great visibility. Priced at a 5% cap rate.
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0BEDS
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1ACRES
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0BATHS
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01/2 BATHS
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15,470SQFT
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$139$/SQFT
Description
Investment opportunity in Schermerhorn Hollow Village. Located next to BJ's Warehouse. Current tenant is Dollar Tree with triple net lease. NEW 7 YEAR LEASE IN PLACE THROUGH 2030 WITH 2 RENEWAL OPTIONS! Excellent accessibility from I890. Traffic Count: 20,000+ AADT. Located directly across from VIA Port Rotterdam. New York State offices with 800+ employees is adjacent. Less than a mile from GE plant. Site offers municipal water/sewer, fiber. Can be sold with other adjacent properties in the plaza. Plenty of parking with great visibility. Priced at a 5% cap rate.
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