901 Third Street, Albany, NY
Property - 26,825 SF building with 4 storage sheds situated on 6.98 acres.
Location - an industrial park minutes from the Everett Road Exit 5 on Interstate 90 in close proximity to Albany’s Central Avenue shopping corridor with multiple shopping centers, retail, and office buildings.
Investment Return - The property is offered at a 6.75% capitalization rate on base rent and the net present value of additional rent which will be fully amortized at the end of the current lease term.
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