1707 Central Ave

$2,500,000

1707 Central Ave, Albany, NY 12205

For Sale

Retail Restaurant

Active

Last Updated: 04/03/2025

Details:

Cap Rate: 5.2%

Year Built: 2025

Parking Spots: 27

Offered by Broker

Commercial Prime Properties

Request Info to Unlock

Description:

Brand new build-to suit 2,325 SF free-standing Chipotle with drive through. 15-Year NNN Corporate Lease with 10% rent increases every 5 years. Four Five-Year Option terms with 10% rent increases. Executed lease and additional information available upon execution of NDA.

This listing was syndicated through:

Listing ID: 4f552adc-c3c9-4461-a417-91690f55654a

Location

Gallery

Offered by Broker

Commercial Prime Properties

Request Info to Unlock