INVESTMENT OFFERING
SAB Capital is pleased to present Take 5 Oil Change in Amsterdam, NY located 31 miles northwest of Albany. The tenant recently signed a 15 year triple net (NNN) lease that features 10% escalations at each option. The building was recently constructed (2024) and is located in a high traffic area seeing 18,000 vehicles per day. The lease is backed by Purple Square Management Company LLC.
- Take 5 in Amsterdam, NY |29 Miles Northwest of Albany
- Zero Landlord Responsibilities | Absolute Triple Net (NNN) Lease Structure
- Structured Hedge Against Inflation | 10% Increases Every 5 Years
- Qualifies for Bonus Depreciation | Consult for Details
- Dense Retail Location | 1.4 Million Square Feet of Retail Within 1 Mile Radius
- High Credit, Experienced Operator | Operated By Purple Square Management Company LLC
- New Construction Asset | Built in 2024
- High Traffic Location | Perth Road Sees Over 18,000 Vehicles Per Day
- Strong Location Fundamentals | Located Near St. Mary’s Healthcare Hospital (282,264 SF)
- National Retailers Located Nearby | Less Than a 1/2 Mile from Aldi, The Home Depot, Walmart Supercenter, Target, Kohls, Marshalls, Hannaford, Planet Fitness, and Many More
| Tenant | Price | Cap Rate | Lease Type | Square Feet | Status |
|---|---|---|---|---|---|
| Take 5 Oil Change | $2,400,000 | 6.50% | Absolute NNN | 1,336 | Available |
