CVS | 485 Columbia St
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CVS 485 Columbia St
10,880 SF Retail Building Cohoes, NY 12047 £2,287,161 (£210/SF) 6.50% Net Initial Yield
Investment Highlights
- CVS Just Extended for 15 Years Proving Strong Commitment to the Site.
- Nearly 150,000 people within a 5-Mile radius
- The lease is guaranteed by CVS Health Corp. which has a credit rating of BBB/Stable with S&P
- Property sits on a highly desirable 1.10 acre parcel at a signalized intersection
- Opportunity to Acquire 15 Year CVS at Low Price Point due to Replaceable Rents
- Less than .5 mile walk from Cohoes High School ~ 540+ student enrollment
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Drug Store
Building Size
10,880 SF
Building Class
C
Year Built
2001
Price
£2,287,161
Price Per SF
£210
Net Initial Yield
6.50%
NOI
£148,665
Tenancy
Single
Number of Floors
1
Building FAR
0.23
Lot Size
1.10 AC
Zoning
01
Parking
60 Spaces (5.52 Spaces per 1,000 SF Leased)
Frontage
PROPERTY TAXES
Parcel Number | 010300-010-013-0001-009-000-0000 | Improvements Assessment | £707,660 |
Land Assessment | £234,735 | Total Assessment | £942,395 |
PROPERTY TAXES
Parcel Number
010300-010-013-0001-009-000-0000
Land Assessment
£234,735
Improvements Assessment
£707,660
Total Assessment
£942,395
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CVS | 485 Columbia St
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