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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Features
Square Feet: 15,470
Town: Schenectady
Bedrooms: 0
Full Bathrooms: 0
Estimated Taxes: $40,000
Water: Public
Sewer: Public Sewer
Heat: Natural Gas
Garage: 0
Exterior: Block, Stucco
Cooling: Central Air
Parking Spaces: 471
Zoning: Commercial
Location
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