Healthcare    

Pinebush MOB

Leasehold Interest

 Albany, NY

Asking Price

$10,125,319

Cap Rate

7.85%

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Diverse Medical
Tenant Mix

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+/- 38,427 SF
over 2 buildings

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Strong
Credit

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Low Ground Rent
$2.50 PSF

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Near Several Senior Living Communities

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INVESTMENT HIGHLIGHTS

  • Diverse Medical Tenant Mix
  • Strong Credit - Fresenius & Albany Med Health System
  • Near Several Senior Living Communities
  • Low Ground Rent - $2.50 PSF
  • Passive Lease Structures
  • Strong Demographics - 135K earning $111K AHHI (5-mile)
  • 100% Depreciation - Leasehold
  • Certificate of Need State

Exclusively Listed By

Scott Briggs

Senior Vice President
  sabriggs@northmarq.com      918.794.9787

Sarah Martin

Lead Marketing & Operations Analyst
  smartin@northmarq.com   

Nathanael Berwaldt

Investment Analyst
  nberwaldt@northmarq.com   

Jason Maier

New York Broker
Lic. #10301215989

Northmarq

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