35 Empire State Blvd, Castleton, NY 12033
20,000 SF | Office Building | Castleton, NY 12033 | $5,120,000 ($256/SF) | 7% Cap Rate
For Sale
Active
Asking Price $5,120,000
- Property Type
-
Office
- Square Feet
- 20,000 SF
- Price / Square Foot
- $256
Listing Contacts
Michael Spisak
Chris Stai
Ryan Michaels
Property Overview
Schodack Internal Medicine & Pediatrics is a medical office building that is 100% leased to Community Care Physicians and occupied by Community Care Physicians’ Schodack Internal Medicine and Pediatrics, the largest multi-specialty physician group in the region.
The single-story medical building was designed and built for Community Care Physicians and is conveniently located along Interstate 90, offering high visibility and convenient access. Located in Rensselaer County, the Building draws from a population base that exceeds 160,000 residents.
Schodack Internal Medicine and Pediatrics is a team of pediatricians, double board-certified internists/pediatricians, and advanced practitioners who care for patients of all ages. Its physicians and advanced practice providers work as care teams to provide greater access to care with same day sick visits, onsite lab, behavioral health and pharmacy services, telemedicine visits, and online access through its patient portal.
Schodack Internal Medicine and Pediatrics has been part of the community for more than 30 years and is Recognized by the National Committee for Quality Assurance (NCQA) as a New York State Patient-Centered Medical Home (NYS PCMH).
Schodack, NY is an affluent area with strong trade area demographics and a median household income of $86,000, which exceeds the national average of $69,000. The city is located 14 miles south of Albany and offers residents a clean and safe suburban rural mix feel.
With easy access to major highways and a growing population, Schodack has benefited from a variety of new commercial projects including Amazon’s 1 million-square-foot fulfillment center that was built in 2020, its first fulfillment center in upstate New York that employs over 1,000 people, and its new “middle mile” facility that was completed in 2022. The latest facility operates 24/7 and encompasses nearly 280,000 SF on 56 acres to better serve greater Albany and its population of over 900,000 people.
The single-story medical building was designed and built for Community Care Physicians and is conveniently located along Interstate 90, offering high visibility and convenient access. Located in Rensselaer County, the Building draws from a population base that exceeds 160,000 residents.
Schodack Internal Medicine and Pediatrics is a team of pediatricians, double board-certified internists/pediatricians, and advanced practitioners who care for patients of all ages. Its physicians and advanced practice providers work as care teams to provide greater access to care with same day sick visits, onsite lab, behavioral health and pharmacy services, telemedicine visits, and online access through its patient portal.
Schodack Internal Medicine and Pediatrics has been part of the community for more than 30 years and is Recognized by the National Committee for Quality Assurance (NCQA) as a New York State Patient-Centered Medical Home (NYS PCMH).
Schodack, NY is an affluent area with strong trade area demographics and a median household income of $86,000, which exceeds the national average of $69,000. The city is located 14 miles south of Albany and offers residents a clean and safe suburban rural mix feel.
With easy access to major highways and a growing population, Schodack has benefited from a variety of new commercial projects including Amazon’s 1 million-square-foot fulfillment center that was built in 2020, its first fulfillment center in upstate New York that employs over 1,000 people, and its new “middle mile” facility that was completed in 2022. The latest facility operates 24/7 and encompasses nearly 280,000 SF on 56 acres to better serve greater Albany and its population of over 900,000 people.
Property Details
- Class
- B
- Year Built
- 2016
- Stories
- 1
- Property Subtype
- Medical
- Lot Size (sq. ft)
- 191,228 SF
Highlights
- Consisting of approximately 20,000 rentable square feet, the single-story medical building was designed and built for Community Care Physicians
- The weighted average remaining lease term of the building is 8.1 years
- Built in 2016, the MOB is outfitted with the newest in advanced technology to serve its large and expanding patient base
- The Property is strategically located along Interstate 90, offering high visibility and convenient access for its large patient base
- The MOB serves as a primary location for CCP, drawing from a population base that exceeds 160,000 residents
- The MOB is located in Schodack, NY, an affluent area with strong trade area demographics
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