241 Mohawk AvenueScotia, NY 12302

This exceptional investment opportunity presents a rare chance to acquire a CVS Pharmacy property in Scotia, NY, a village adjacent to Schenectady and part of the Albany MSA. The property features a 25-year absolute NNN lease with zero landlord obligations, offering significant long-term stability. The lease includes scheduled rent increases at 10, 20, and every 5 years thereafter, followed by four 5-year and one 3-year renewal options. The lease is guaranteed by CVS Health, providing a strong credit tenant with a BBB investment grade rating. The 11,945 square foot building, constructed in 2018, is a complete rebuild of a previous pharmacy that generated nearly $11 million in annual sales. This modern facility includes a drive-thru and ample parking, strategically located on a major commercial thoroughfare at a signalized intersection with excellent access and visibility from Mohawk and Glen Avenues. The 1.2-acre lot offers convenient ingress and egress. There are no kick-outs or rent holidays. This is a 100% fee simple interest offering with 18+ years remaining on the initial lease term. The property's prime location and strong tenant covenant make it an attractive investment for discerning buyers.