42 Corporate CirAlbany, NY 12203

For Sale
Call for price

75,000 SF Warehouse, Net Lease, Albany NY

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional 75,000-square-foot industrial distribution center in Albany, New York, presents a compelling investment opportunity. Situated on a 3.83-acre lot at 42 Corporate Circle, this light industrially zoned property boasts a modern design and high-quality construction. The building features a substantial 36-foot clear ceiling height, providing ample vertical storage space, and is equipped with eight loading docks for efficient material handling. Ample parking is available with 84 spaces. The property is currently under a long-term, absolute net lease with over 15 years remaining until 2039, offering predictable cash flow and built-in annual rent escalations. This single-tenant investment opportunity is further enhanced by the possibility of assumable financing. The property is conveniently located approximately 14 miles from Interstate 90, providing easy access to major transportation arteries. An adjacent property, 38 Corporate Circle, is also available for purchase, offering potential for portfolio expansion. This well-maintained building represents a stable and attractive investment in the thriving Albany industrial market. The property's size, location, and lease terms make it an ideal acquisition for investors seeking long-term, secure income generation.

Highlights

  • Single-tenant industrial investment opportunity with assumable financing.
  • Absolute net lease with over 15 years remaining and annual rent escalations.
  • Well-maintained 75,000 SF building featuring 36' clear height and 8 loading docks.
  • Conveniently located ~14 miles from Interstate 90.

Property Details for 42 Corporate Cir

Property type
Other warehouses, Other industrial properties
Square Feet
75,000 SF
Lot Size (sq. ft)
166,835 SF

Location Insight

City
Albany
County
Albany
State
New York
Latitude
42.705412
Longitude
-73.876662
42 Corporate Cir, Albany, New York

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42 Corporate Cir
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