351 Southern BlvdAlbany, NY 12209

For Sale
$5,000,000
Added:
Dec 11, 2024
Days on market:
94

Highlights

  • Approximately 17 years remaining on a 20-year lease with five 5-year renewal options; 5% rent increases every five years.
  • Absolute NNN ground lease; zero landlord responsibilities.
  • High-traffic location: signalized intersection of Mt. Hope Way and Southern Blvd (37,900 VPD), near I-787 (85,400 VPD).
  • Less than 1.5 miles from a major shopping center anchored by Walmart, Lowe's, and other national retailers.
  • Strong demographics: 5-mile trade area with over 171,400 residents and an average household income of $104,038.

Property Details for 351 Southern Blvd

Property type
Other retail properties, Automotive properties
Square Feet
4,600 SF
Year Built
2021
Lot Size (sq. ft)
131,987 SF

Location Insight

City
Albany
County
Albany
State
New York
Latitude
42.6301621
Longitude
-73.7755031
351 Southern Blvd, Albany, New York

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351 Southern Blvd
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