Agree Realty Buys Speedway Gas Station In Schenectady From CAP Investment Properties For $3.5M

The retail asset located at 229 South Brandwine Avenue, Schenectady, is a Speedway gas station and convenience store that sold for $3,500,000.

Summary of transation details:

• Property Type: Retail
• Transaction Amount: $3,500,000
• Address: 229 South Brandwine Avenue
• Market: Schenectady
• Buyer: Agree Realty
• Seller: CAP Investment Properties
• Sale Date: 08/07/2025
• Cap Rate: 6.28%

The buyer is Agree Realty, publicly traded on the New York Stock Exchange under the ticker ADC. CAP Investment Properties is the seller in this transaction.