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Commercial Real Estate
Location: United States -> New York -> Upstate New York -> Albany
Industry: Real Estate > Other Real Estate




Business Summary

One parcel commercially zoned, next to Hanaford Plaza Albany. Near many car dealers, restaurants, Westgate shopping center and many retail stores.
Property : 100' x 150' presently under a long term lease generating $72000 per year with an increase every 5 years. This is a triple net lease by a nationwide company. It is located on one of the busiest corners in Albany NY on upper Central Ave. This lease has been running since 1996 and will run out in 2036. Presently has modern office and repair facilities with a large parking lot.
for pictures goggle 924 Central Ave CALL 518-438-4486


Financials

Asking Price Range:  $1.0M - $2.5M
Gross Revenues:   $72,000
Cash Flow:   $72,000
Cash Flow Type:  EBITDA
Inventory:  none
Seller Financing:  Not Disclosed

About The Business

Year Established:  1995
Number of Employees:  6 - 9
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Owned
Property:  Property For Sale

About The Sale

Management Training and Support:  Not necessary.
Reason For Selling:  Want to retire.




Print Listing Id: 700169437
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Also See: Franchise Opportunities > Franchise Resales > New York Businesses For Sale > New York Franchises For Sale > New York Business Brokers



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