Healthcare    

Community Care Physicians

Medical Office Building - Internal Medicine

 Slingerlands (Albany), NY

Asking Price

$1,680,000

Cap Rate

7.85%

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Square Feet

6,000 SF

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Land Area

1.92 AC

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Year Built

2007

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Lease Term

15 Years

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Avg HHI (1 Mile)

$197,449

For more details on this exclusive listing

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INVESTMENT HIGHLIGHTS

  • Best in Class Operator
    Largest independent multi-speciality medical group in the Capital Region of New York
  • High Medical Expenditure Community
    Residents in the area are generally older and spend 72% more on healthcare than the national average
  • Albany MSA Opportunity
    Largest annual population gain among all of New York's 13 metro areas and is consistently ranked by US News as one of the best places to live
  • Affluent Demographics
    5-mile radius population of over 130,000 people and an average household income of over $197,000 within a 1-mile radius
  • Superior Location
    Diverse area with several retail and restaurant tenants nearby as well as other medical practices 
  • Certificate of Need State
    Relocation or building new facilities is very challenging in New York

Exclusively Listed By

Jeff Matulis

Senior Vice President
  jmatulis@northmarq.com      918.794.9525

Toby Scrivner

Senior Vice President
  tscrivner@northmarq.com      918.794.9554

Christian Vaughan

Vice President
  cvaughan@northmarq.com      918.794.9544

Caleb Edwards

Senior Associate
  cedwards@northmarq.com      918.884.3148

John Heitmann

Producer - Debt Contact
  jheitmann@northmarq.com      847.323.0312

In Association With
Jason Maier

NY Lic. # 10301215989

Northmarq

6120 S Yale Ave, Suite 300
Tulsa, OK 74136

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