Albany, NY Drug Stores for Lease
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Drug stores for Lease in Nearby Cities
Similar Spaces for Sale in Albany, NY
Albany, NY Drug stores Lease Rates & Market Statistics
Explore 5 Drug stores for lease in Albany, NY on Realmo, a commercial real estate exchange covering the Albany area. The current inventory totals 42,070 square feet of properties.
Drug stores lease rates in Albany range from $20 SF/Yr at the entry level to $25 SF/Yr at the top of the market, averaging $22.50 SF/Yr. Pricing across the market is relatively uniform, which simplifies like-for-like comparison between listings. The local average of $22.50 SF/Yr is 7% above the New York state average of $21 SF/Yr.
Albany accounts for 100% of the 5 drug stores currently available across Albany County. Drug stores make up 6% of the 77 Retail properties & Spaces currently for lease in Albany, with asking rates averaging $22.50 SF/Yr — 51% above the citywide Retail properties & Spaces average of $14.94 SF/Yr. Also worth a look for tenants weighing alternatives: Shopping centers (20 listings) and Storefront properties (20 listings) elsewhere in the Albany market.