979 Central Ave, Albany, NY 12205

Sage Capital Partners is pleased to present this 4-tenant retail center in Albany, New York, featuring corporate leases with Aspen Dental and Beacon Bank. The property is ideally situated as an outparcel to The Home Depot between two signalized intersections and benefits from its frontage location along Central Avenue with AADT of 26,829.

The lease agreements are NNN with below-market, sustainable rental rates, very limited Landlord responsibilities, and scheduled rent increases. Aspen Dental, Beacon Bank, and Little Caesars are all long-term tenants having occupied this building since 2009-2012.

Since Albany is the capital city of the state of New York, this property benefits from its proximity to a variety of state government offices within only one mile. The property is also located only 2 miles from the University of Albany and is surrounded by national and regional retailers, including: Hannaford grocery, The Home Depot, Market 32 grocery, CVS, Nissan, Chrysler, Kia, and many others. With over 190,600 residents and over $89,300 average income within 5 miles, this property is well positioned to continue to be a successful retail center.