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Freestanding Drive-Through Storefront
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1038 Central Avenue, Albany, NY 12205

Standalone retail building with an operating drive-through restaurant use and an existing tenant lease extending through August 2025.

Property Size2,012 SF
Price / SF$0.01
Days on Market90

Property Features for 1038 Central Avenue

General Information

Standard status Active
Size 2,012 SF
Property subtype Retail
Occupancy 100%

Additional Details

Drive-Thru Yes

Building Details

Buildings 1
Tenancy Single
Listing Agency: ROOHAN REALTY
Listed By: Brendon Teetor · License #10401376385
Source: Cbre
Added: Jun 2 Changed: Aug 29 Last Checked: Aug 29 at 3:59PM

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 ROOHAN REALTY

Investment Insights

Based on property information with market context.

This freestanding storefront property contains approximately 2,012 square feet and is configured for a drive-through restaurant operation. The building is currently occupied by Dunkin Donuts, providing an established retail and food-service use within the existing improvements.

The property is positioned on Central Avenue, also identified as Route 5, in Albany, New York. The current tenant lease expires August 2025. The asset is offered for sale or lease.

Key Highlights

  • Freestanding 2,012 SF retail building
  • Drive‑through restaurant configuration
  • Currently occupied by Dunkin Donuts

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Nail Salon Hair Salon Daycare Center Grocery & Convenience Store (Bike/Boat/Book/etc) 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

100%
Occupancy
Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

960
Businesses Nearby
104k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 43% Home Improvements & Furnishings 23% Shops & Services 14% Groceries 13%
McDonald's Dining
23,078 visits/mo 0.2 miles
The Home Depot Home Improvements & Furnishings
22,756 visits/mo 0.3 miles
Asian Food Market Groceries
13,159 visits/mo 0.5 miles
Taco Bell Dining
10,656 visits/mo 0.2 miles
Dunkin' Donuts Dining
5,351 visits/mo 0.1 miles

Demographics for 12205, NY

27,168
Population
12,061
Households
2.3
Avg Household Size
45
Median Age
36%
College-Educated
94%
High-School Grad
15.4 sq mi
ZIP Area
1,764
Density / Sq Mi
$89,270
Median Household Income
$54,184
Median Earnings
$1,405
Median Rent
$264,200
Median Home Value

Market

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
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • Price Chopper Floral 911 Central Ave, Albany, NY 12206

Frequently Asked Questions

What type of property is this?
Storefront property - Standalone retail building with an operating drive-through restaurant use and an existing tenant lease extending through August 2025.
Where is this storefront property located?
The property is located at 1038 Central Avenue Albany, NY.
What are key features of this property?
This property features: Freestanding 2,012 SF retail building; Drive‑through restaurant configuration; Currently occupied by Dunkin Donuts
More about this property
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