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- LoopNet Team
1 Via Rossi Way
Ballston Spa, NY 12020
Hannaford Supermarket STNL · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 20-year NNN lease includes five, 5-year extensions and an additional one, 3-year extension.
- Numerous malls and specialty shops are just a few minutes away.
- Base rent is $233,100.
- Strategic location: Within 175 miles of New York City, Boston, and Hartford, and 225 miles from Montreal.
PROPERTY FACTS
ABOUT 1 VIA ROSSI WAY , BALLSTON SPA, NY 12020
The ±38,000 SF building, constructed in 2019, has expansion capabilities of up to ±9,000 SF. Approximately 100 parking spaces are onsite. The property, positioned right off Route 50, benefits from frontage of approximately 390’ on Town Road (Via Rossi Way) and from cross-traffic from the adjacent McDonald’s. Started as a fruit and vegetable stand in 1883, but it has expanded from its Maine roots to become an upscale grocer with 180+ stores under the Hannaford Supermarkets banner throughout Maine, Massachusetts, New Hampshire, upstate New York, and Vermont. Produce, expansive meat selections and natural food products continue to be a major focus at the Hannaford supermarkets. About 80% of the Hannaford stores are combination grocery stores and pharmacies. Maine's largest supermarket chain, Hannaford Bros. is owned by Delhaize America (parent of Food Lion), which in turn is owned by Belgium's Delhaize Group.
PROPERTY TAXES
| Parcel Number | 412089 216.-2-49.1 | Improvements Assessment | $3,419,000 |
| Land Assessment | $285,000 | Total Assessment | $3,704,000 |
PROPERTY TAXES
