2037 State St | Schenectady, NY 12304
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2037 State St
Schenectady, NY 12304
CVS Pharmacy Long Term NNN Lease · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- NEW 20 YEAR LEASE EXTENSION
- ZERO LANDLORD OBLIGATIONS
- LOCATED ON A MAJOR COMMERCIAL THOROUGHFARE - NEARBY LOWE'S, TARGET, ULTA, BED BATH AND BEYOND, CHIPOTLE AND MORE
- CVS/PHARMACY ABSOLUTE NNN LEASE
- S&P RATED BBB CREDIT INVESTMENT GRADE
- DRIVE-THRU PHARMACY - HEAVILY TRAFFICKED LOCATION
PROPERTY FACTS
Property Type
Retail
Property Subtype
Drug Store
Building Size
10,125 SF
Building Class
B
Year Built
1985
Tenancy
Single
Building Height
1 Story
Building FAR
0.21
Lot Size
1.10 AC
Zoning
5
Parking
20 Spaces (1.97 Spaces per 1,000 SF Leased)
Frontage
150’ on STATE ST
PROPERTY TAXES
| Parcel Number | 060-056-0003-046-000-0000 | Improvements Assessment | $2,050,000 |
| Land Assessment | $400,000 | Total Assessment | $2,450,000 |
PROPERTY TAXES
Parcel Number
060-056-0003-046-000-0000
Land Assessment
$400,000
Improvements Assessment
$2,050,000
Total Assessment
$2,450,000
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