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1979 Central Avenue
Albany, NY 12205
Asking Price
$18.20M
Asset Type
Auto Shop Retail
Class
Class B
What's Special
New Long-Term Tesla with Annual Increases in High Income Market <p><span style="color: rgba(0, 0, 0, 1)">Brand new Tesla Service Center located in Albany, New York. The property features a long-term lease with a corporate guaranty from Tesla, Inc. and serves as a mission-critical facility supporting the company’s growing footprint in New York’s Capital Region.</span></p><p></p><p>In Association with Scott Reid & ParaSell, Inc. | P: 949.942.6578 | A Licensed New York Real Estate Broker #10991231395</p>
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NOI
$80,000
Cap Rate
0.44%
DSCR
0.07
Underwater
Cash-on-Cash
-18.32%
Monthly Payment
$90,053.565
Annual Cash Flow
$-1,000,642.776
