79,279 Square Foot Retail Space For Sale @ 650 Troy Schenectady Rd

The Jonna Group of Marcus & Millichap is pleased to resent for sale a 7,355-square foot three tenant strip center situated on 1.82 acres along Route 7 in Latham (Albany MSA), New York. This attractive asset consists of three tenants: A corporate Verizon Wireless, Dunkin' Donuts with drivethru backed by a strong 320+ unit operator (largest in US) as well as a 3 Stone Dental clinic, which has a personal guaranty. All leases are under NNN leases with tenants responsible for their pro rata share of all operating expenses. The incoming investor has a unique opportunity to assume the current loan at an attractive and highly sought after sub-4 interest rate. Cash on cash return for this asset is 8.51 percent.