Former Mcdonald's

Investment Overview

Investment Highlights

• The property features a 5,273-square-foot commercial building with a functional layout designed to accommodate a variety of potential business uses. Its flexible configuration provides prospective owners or tenants with multiple opportunities to utilize the existing improvements.
• Situated on approximately 1.29 acres, the property offers a sizable site relative to its 5,273-square-foot building footprint. The combination of building and land provides a substantial physical presence within the surrounding commercial area.
• The property is marketed with an asking rent of $34.00 PSF + NNN, offering a defined leasing structure for prospective users or investors. The NNN structure can provide a straightforward framework for allocating certain property-related expenses between the landlord and tenant, subject to the final lease terms.
• The property is offered for an asking price of $2,500,000, presenting an opportunity to acquire a standalone commercial property in the established Troy market. The asking price provides a clear basis for prospective purchasers to evaluate the asset in relation to its building size, land area, location, and potential use.
• Originally constructed in 1990, the property represents an established commercial building with a demonstrated history of functionality. The existing improvements provide a foundation for continued retail use while offering flexibility for a future owner or occupant to adapt the space to its specific requirements.
• The property benefits from a substantial population within its surrounding trade area, with 15,756 residents within 1 mile, 95,363 within 3 miles, and 260,400 within 5 miles. This provides access to a broad population base surrounding the property and supports its positioning within the Troy retail market.
• The surrounding area reports average household incomes of $104,979 within 1 mile, $104,222 within 3 miles, and $103,732 within 5 miles. These income levels highlight an established consumer base within the property's immediate and extended trade areas.
• The property's surrounding retail environment includes a broad mix of recognizable national and regional businesses, with the OM's aerial and retailer maps identifying Lowe's, Shell, AT&T, CVS Pharmacy, T-Mobile, Verizon, AutoZone, Citizens Bank, and other retailers in the vicinity. This concentration of surrounding commercial activity reinforces the property's location within an established retail setting.