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United Health Building
900 Watervliet Shaker Road
Colonie, NY
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| Investment Summary |
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| Price |
$20,500,000.00 |
Cap Rate |
7.9% |
| Financing |
None |
Avg Annual Return |
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| Interest Rate |
| Annual Cash Flow |
$1,612,550.00/yr |
| Amortization |
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Additional Debt |
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| Investment Highlights |
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- 2 Year NNN Master Lease with Investment Grade
(S&P "A") Guarantee
- 8 Year Old "A" Class Office
- 100% Physically Occupied
- Credit Subtenants
- Delivered Free and Clear of Debt
- Located in "A" Class Business Park adjacent
to Albany, NY Airport
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| Property Description |
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| Building Type |
Office |
Tenant |
UnitedHealth |
| Building Size |
140,466 |
Lease Type |
NNN |
| Land |
24.20 Acres |
Lease Term |
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| Initial Annual Rent |
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Lease Start |
February 2, 2002 |
| Current Rent |
$1,612,550.00/yr
| Lease End |
May 31, 2013 |
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| Lease Guarantor |
UnitedHealth |
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| Location |
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| Status |
Active |
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| For More Information, Contact |
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LMT Investment Company
ph: 650.209.5993
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This information has been secured from sources we believe to be
reliable, but we make no representation or warranties, expressed or
implied, as to the accuracy of the information. All references to
age, sq. footage, income and expenses are approximate. Buyers should
conduct their own independent investigations and rely only on those
results.
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