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5 Vista Blvd 6,000 SF Retail Building Slingerlands, NY 12159 $1,250,000 ($208.33/SF) 7% Cap Rate
INVESTMENT HIGHLIGHTS
- Prominent Multi-Tenant Plaza – Situated in a larger, well-maintained commercial center
- Easy Access – Convenient ingress and egress for customers and deliveries
- Modern Construction – Newer build with minimal maintenance needs
- Excellent Road Visibility – High-traffic location with strong signage exposure
- Ample Parking – Generous on-site parking for tenants and customers
EXECUTIVE SUMMARY
Fully Leased 3-Unit Commercial Investment Property
Great opportunity to own a fully occupied 3-unit commercial building in a high-traffic, high-visibility location.
Unit 1 and Unit 2 (totaling 3,000 sq ft) are leased to a long-standing yoga studio with approximately 3 years remaining on the current lease.
Unit 3 (3,000 sq ft) is leased to a restaurant on a brand new 5-year lease with renewal options in place.
Strong tenants, stable cash flow, and an excellent location make this an ideal investment.
Great opportunity to own a fully occupied 3-unit commercial building in a high-traffic, high-visibility location.
Unit 1 and Unit 2 (totaling 3,000 sq ft) are leased to a long-standing yoga studio with approximately 3 years remaining on the current lease.
Unit 3 (3,000 sq ft) is leased to a restaurant on a brand new 5-year lease with renewal options in place.
Strong tenants, stable cash flow, and an excellent location make this an ideal investment.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Restaurant
Building Size
6,000 SF
Building Class
B
Year Built
2013
Price
$1,250,000
Price Per SF
$208.33
Cap Rate
7%
NOI
$87,500
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
1.53 AC
Zoning
ME - Mixed Economic Development
Parking
60 Spaces (10 Spaces per 1,000 SF Leased)
AMENITIES
- Wheelchair Accessible
- Air Conditioning
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 012200-074-000-0001-029-017-0000 | Improvements Assessment | $365,000 |
| Land Assessment | $229,000 | Total Assessment | $594,000 |
PROPERTY TAXES
Parcel Number
012200-074-000-0001-029-017-0000
Land Assessment
$229,000
Improvements Assessment
$365,000
Total Assessment
$594,000
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Presented by
Grizzaffi Holdings
5 Vista Blvd
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