- For Sale $6,920,000/SF
- Property Type Retail
- Property Size 13,225 SF
- Cap Rate % 5.47
- Date Updated May 7, 2025
SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN leased, freestanding, CVS investment property located in Rotterdam, New York (Albany MSA). The tenant has approximately 20 years remaining with 10 (5-year) options to extend, demonstrating their long-term commitment to the site. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management free investment opportunity for a passive investor. The asset includes a Credit Tenant Lease (CTL) zero cash flow financing which may be assumed, which also includes a paydown/readvance feature allowing 1031 exchange investors to pull cash out from the transaction.
The asset is strategically located at the signalized, hard corner intersection of Guilderland Avenue and State Highway 7 which supports over 25,000 vehicles per day.
Reach out to the broker for more info on lease terms and amenities
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Contacts
Location
Getting Around
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Walk Score ®
71/100 Very Walkable
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Bike Score ®
48/100 Somewhat Bikeable
- City Rotterdam, NY
- Neighborhood Rotterdam
- Zip Code 12306
- Market Albany
Points of Interest
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Schenectady
2.45 miles
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Albany International Airport Taxi Stand
8.67 miles
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Sunoco
0.05 miles
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Citgo
0.26 miles
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Stewart's Shops
0.30 miles
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Getty Mart
0.46 miles
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Lukoil
0.69 miles
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Stewart's
0.78 miles
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Speedway
0.84 miles
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Cumberland Farms
1.49 miles
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Tesla Supercharger
9.04 miles
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ChargeSmart
9.65 miles
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ParkingLot
0.73 miles
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Mont Pleasant Branch Schenectady County Public Library Parking Lot
1.47 miles
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All Brand Cleaners
1.84 miles
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Predel Scrapyard
1.94 miles
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Great Flats Nature Trail
1.98 miles
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School Parking Lot
2.13 miles
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Mohawk Hudson Bike-Hike Trail
2.26 miles
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Schenectady Municipal Parking Garage
2.29 miles
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YWCA of Schenectady
2.40 miles
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MVP Parking Garage
2.43 miles
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Fu Sing Chinese Restaurant
0.07 miles
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Niji Asian Bistro
0.21 miles
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Paesan's Pizza
0.31 miles
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Dunkin'
0.46 miles
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McDonald's
0.47 miles
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Subway
0.49 miles
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Top's American Grill Bakery & Bar
0.53 miles
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Lucia's Two-go
0.55 miles
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Bellevue Cafe
0.55 miles
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Broadway Joe's
0.70 miles
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ALDI
0.51 miles
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Gabriel's Supermarket
0.87 miles
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Price Chopper
0.87 miles
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Hannaford
1.45 miles
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Walmart
1.52 miles
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ViaPort Rotterdam
1.77 miles
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B J's Wholesale Club
1.80 miles
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Price Rite
2.59 miles
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Gabriels
2.84 miles
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Market32
3.23 miles
Frequently Asked Questions
The space currently listed for sale at CVS Pharmacy asks for $6,920,000/SF.
CVS Pharmacy totals 13,225 square feet.
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