351 Southern BlvdAlbany, NY 12209

For Sale

$5,000,000

Property records and analytics

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.

351 Southern Blvd, Albany, New York

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Kyle Fant

Britt Raymond