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Corner Retail Building with Signage
For Lease
Contact for pricing

1026 Madison Ave, Albany, NY 12208

Former pharmacy space positioned beside an established entertainment venue and within a retail, dining, and nightlife corridor.

Space Size5,544 SF
Days on Market1058

Property Features for 1026 Madison Ave

General Information

Standard status Active
Size 5,544 SF
Net Rentable 5,544 SF
Property subtype RETAIL

Space & Availability

Available Space 5,544 SF
Contiguous Space 5,544 SF

Additional Details

Corner Location Yes

Building Details

Building Size 5,544 SF

Spaces For Lease

at 1026 Madison Ave Contact us

1028 Madison Ave

Floor
Bldg
Size
5,544 SF
Type
RETAIL
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- A +/-5,544 SF former CVS pharmacy building available for lease or sale. Excellent...
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Listing Agency: IKON Realty Group
Listed By: Bruce Ginsburg
Source: Moodyscre
Added: Oct 11, 2023 Changed: Aug 30 Last Checked: Sep 2 at 12:04AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of IKON Realty Group

Investment Insights

Based on property information with market context.

This 5,544-square-foot corner retail building was formerly occupied by CVS and is positioned at a prominent intersection along Madison Avenue. The property offers a visible commercial presence with dedicated signage and direct exposure to passing traffic.

The building sits adjacent to the Madison Theatre and within an established corridor featuring retail stores, restaurants, and entertainment uses. Its corner placement and recognizable former pharmacy configuration provide a practical foundation for a range of commercial occupancy plans.

Key Highlights

  • 5,544 SF former CVS pharmacy building
  • Corner position at a principal Madison Avenue intersection
  • Signage and road exposure support storefront recognition

Property Analytics

Current Use

CVS Pharmacy UPS Access Point ... Courier Service Timothy Lasher Pharmacy Amy Zujovic Pharmacy MoneyGram Bank

Suggested Use

Top Pick Real Estate Agency (Bike/Boat/Book/etc) Store HVAC Service Kitchen & Bath Showroom Acupuncture Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

791
Businesses Nearby
20k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 68% Dining 32%
Mobil Shops & Services
10,707 visits/mo 0.1 miles
Dunkin' Donuts Dining
6,383 visits/mo 0.1 miles
Citizens Bank Shops & Services
3,088 visits/mo 0.2 miles

Demographics for 12208, NY

22,118
Population
11,522
Households
1.9
Avg Household Size
34
Median Age
56%
College-Educated
93%
High-School Grad
4.4 sq mi
ZIP Area
5,027
Density / Sq Mi
$69,505
Median Household Income
$39,268
Median Earnings
$1,291
Median Rent
$255,300
Median Home Value

Market

Lease Benchmarks for Albany, NY

$14.13 /SF/Yr
Avg Asking Price
$1.04–$34 /SF/Yr
Price Range
8,832 SF
Avg Space Size

Vacancy Rate% for Retail in Albany, NY

5.4% 2020
4.8% 2021
5.5% 2022
4.7% 2023
5.5% 2024
5.8% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Former pharmacy space positioned beside an established entertainment venue and within a retail, dining, and nightlife corridor.
Where is this retail space located?
The property is located at 1026 Madison Ave Albany, NY.
What are key features of this property?
This property features: 5,544 SF former CVS pharmacy building; Corner position at a principal Madison Avenue intersection; Signage and road exposure support storefront recognition
(518) 573-5853 Call to check price and availability
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