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1293 Us-9 7,900 SF Industrial Building Castleton On Hudson, NY 12033 $1,915,749 CAD ($242.50 CAD/SF) 5.96% Cap Rate
Investment Highlights
- NNN Leased to Credit Tenant – Triple-net lease in place providing stable income with minimal landlord responsibilities.
- Expansion-Ready Site in Growing Industrial Corridor – Fully entitled for ±25,000 SF of additional industrial space and ±6,000 SF of self-storage.
- Strategic Cross-Dock Industrial Facility – ±7,900 SF building with 14 dock doors supporting efficient logistics and distribution operations.
Executive Summary
A ±7,900 SF cross-dock industrial building situated on 4.61 acres in the Town of Schodack, New York. The property is located within a rapidly expanding industrial corridor that has attracted substantial institutional investment, including the nearby Amazon distribution center, reinforcing the area’s role as a key logistics and distribution hub for the Capital Region and Northeast markets.
The facility is designed for efficient freight handling and distribution, featuring 14 dock doors—4 trailer-height docks and 10 van-height docks—providing operational flexibility for a wide range of users. The expansive site allows for ample trailer parking and circulation, supporting high-throughput distribution operations.
The property is leased on a Triple-Net (NNN) basis through March 31, 2028, offering investors stable, predictable cash flow with minimal landlord responsibilities. In addition to the existing improvements, the site is fully entitled for future expansion, including an additional ±25,000 SF industrial building and ±6,000 SF of self-storage space. Development plans are available through the broker.
With its strong credit tenancy, NNN lease structure, strategic location, and embedded expansion potential, 1293 Route 9 presents a compelling industrial investment opportunity in one of Upstate New York’s most active logistics submarkets.
Property can be purchased as part of larger portfolio of similar industrial assets.
The facility is designed for efficient freight handling and distribution, featuring 14 dock doors—4 trailer-height docks and 10 van-height docks—providing operational flexibility for a wide range of users. The expansive site allows for ample trailer parking and circulation, supporting high-throughput distribution operations.
The property is leased on a Triple-Net (NNN) basis through March 31, 2028, offering investors stable, predictable cash flow with minimal landlord responsibilities. In addition to the existing improvements, the site is fully entitled for future expansion, including an additional ±25,000 SF industrial building and ±6,000 SF of self-storage space. Development plans are available through the broker.
With its strong credit tenancy, NNN lease structure, strategic location, and embedded expansion potential, 1293 Route 9 presents a compelling industrial investment opportunity in one of Upstate New York’s most active logistics submarkets.
Property can be purchased as part of larger portfolio of similar industrial assets.
Property Facts
| Price | $1,915,749 CAD | Rentable Building Area | 7,900 SF |
| Price Per SF | $242.50 CAD | No. Stories | 1 |
| Sale Type | Investment | Year Built/Renovated | 1984/2011 |
| Cap Rate | 5.96% | Tenancy | Single |
| Property Type | Industrial | Parking Ratio | 3.8/1,000 SF |
| Property Subtype | Truck Terminal | No. Dock-High Doors/Loading | 14 |
| Building Class | B | No. Drive In / Grade-Level Doors | 3 |
| Lot Size | 4.63 AC | ||
| Zoning | Highway Commercial | ||
| Price | $1,915,749 CAD |
| Price Per SF | $242.50 CAD |
| Sale Type | Investment |
| Cap Rate | 5.96% |
| Property Type | Industrial |
| Property Subtype | Truck Terminal |
| Building Class | B |
| Lot Size | 4.63 AC |
| Rentable Building Area | 7,900 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1984/2011 |
| Tenancy | Single |
| Parking Ratio | 3.8/1,000 SF |
| No. Dock-High Doors/Loading | 14 |
| No. Drive In / Grade-Level Doors | 3 |
| Zoning | Highway Commercial |
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Property Taxes
| Parcel Number | 4489-210-7-39.13 | Improvements Assessment | $263,741 CAD |
| Land Assessment | $141,319 CAD | Total Assessment | $405,060 CAD |
Property Taxes
Parcel Number
4489-210-7-39.13
Land Assessment
$141,319 CAD
Improvements Assessment
$263,741 CAD
Total Assessment
$405,060 CAD
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