Prime Latham Circle Investment property. 804-806 New Loudon Rd has been home to multiple banks since 1982 on a NNN Ground Lease. Original 95 year lease has renewal options every 5 years until 2077. The next Bank of America 5 year option period begins on 4/01/22. Long term annuity on a prime location parcel that would easily appraise above the asking price. Asking price is based on below market rent. Property is located at one of the main entrances to The Shoppes at Latham Circle. Contact Listing Broker for further details, please do not bother tenant.
Sale/Lease: | Sale |
MLS#: | 202200160 |
Major Use: | Retail |
Building Size: | 3,439 ±SF |
Sale Price: | $600,000 |
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange Program of Commercial and Industrial Real Estate Brokers. Commercial and Industrial Real Estate Brokers deems information reliable but not guaranteed. This listing courtesy of NAI Platform, (518) 465-1400. Information should be considered reliable but is not guaranteed.
Pyramid Brokerage Co. of Albany
Real Estate Brokers & Agents