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485 Columbia St
Cohoes, NY 12047

$2,923,076 USD

Drugstore For Sale  •  10,880 SF

Property Details

• Property Type Drugstore
• Total Building Size 10,880 SF
• Lot Size 1.1 AC
• Building Class C
• Year Built 2001
• Cap Rate 6.50 %
• Tenancy Single
• Zoning 01

0 Transit Score

19 Walk Score

Highlights

CVS Just Extended for 15 Years Proving Strong Commitment to the Site.

Property sits on a highly desirable 1.10 acre parcel at a signalized intersection

Nearly 150,000 people within a 5-Mile radius

Opportunity to Acquire 15 Year CVS at Low Price Point due to Replaceable Rents

The lease is guaranteed by CVS Health Corp. which has a credit rating of BBB/Stable with S&P

Less than .5 mile walk from Cohoes High School ~ 540+ student enrollment

Cap Rate:

6.50 %

Public Transportation

Airport	Drive	Walk	Distance
Albany International	9 min	-	4.9 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	60
Type:	Surface
Included in Rent:	Yes