1215 Troy Schenectady Rd, Niskayuna, NY 12309

Building Details

Building Size 12,738 SF More

Spaces For Lease

at 1215 Troy Schenectady Rd

1215 Troy Schenectady Rd $18/SF/Yr

Floor Bldg

Size 12,738 SF

Type RETAIL

Lease Type NNN

Availability AVAILABLE, Now

Sublease No

- Built in 2005 for Walgreens, currently occupied by subtenant Dollar Tree - ±50 Parking Spaces - Three separate means of ingress and egress, along two different roads - Highly visible corner location at a four-way traffic light - AADT Traffic Count at Troy Schenectady Road: 36,218 - AADT Traffic Count at Rosendale Road: 7,949 - Proximate to many other commercial users including: Stewart’s Shops, Sunoco, Bangkok Kitchen, Northwestern Mutual, Focus Optical, Starbucks, Morgan Stanley, Galleria 7 Market, Inovo Kitchen , Wendy’s, Subway, and Dunkin’

Contact us

Listing Agency: CBRE | Albany Show Phone

Listed By: Ann B. MacAffer · License #30MA0868906 Show Phone

Source: Moodyscre

Added: Nov 14, 2024 Changed: Nov 8 Last Checked: Jul 28 at 3:31AM

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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 CBRE | Albany

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Review the available facts, identify missing information and prepare questions for the agent.

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Investment Insights

Based on property information with market context.

This freestanding retail building contains approximately 12,738 square feet and occupies two parcels. The site spans Colonie in Albany County and Niskayuna in Schenectady County, with an address on Troy Schenectady Road.

Key Highlights

• Approximately 12,738 square feet of freestanding retail space
• Property spans two parcels
• Parcels are in Colonie, Albany County, and Niskayuna, Schenectady County

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Garden Center Auto Parts Store Cafe & Coffee Shop Grocery & Convenience 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

$2.70 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

440

Businesses Nearby

71k

Monthly Visits Nearby

Balanced

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 56% Dining 42% Hotels & Casinos 2%

Dollar Tree Shops & Services

16,523 visits/mo 0.1 miles

Cumberland Farms Shops & Services

15,313 visits/mo 0.4 miles

Wendy's Dining

10,439 visits/mo 0.3 miles

Starbucks Dining

10,312 visits/mo 0.1 miles

Dunkin' Donuts Dining

6,796 visits/mo 0.2 miles

Demographics for 12309, NY

31,273

Population

13,623

Households

2.3

Avg Household Size

43

Median Age

59%

College-Educated

97%

High-School Grad

17.6 sq mi

ZIP Area

1,777

Density / Sq Mi

$119,830

Median Household Income

$68,167

Median Earnings

$1,472

Median Rent

$301,100

Median Home Value

Market

Lease Benchmarks for Niskayuna, NY

$11.48 /SF/Yr

Avg Asking Price

$1.39–$20.63 /SF/Yr

Price Range

24,425 SF

Avg Space Size

This space is priced 57% above the average of $11.48 /SF/Yr.

Average Price Trend$/SF/Yr for Storefront properties in Schenectady County, NY

$10.69 Jul

$11.01 Aug

$11.45 Sep

$12.61 Oct

Properties on Market for Storefront properties in Schenectady County

Jul

Aug

Sep

Oct

Vacancy Rate% for Retail in Northeast region

6% 2019

7.1% 2020

6.5% 2021

6% 2022

5.7% 2023

5.6% 2024

6% 2025

Frequently Asked Questions

What type of property is this?

Storefront property - The property occupies two parcels along Troy Schenectady Road.

Where is this storefront property located?

The property is located at 1215 Troy Schenectady Rd Niskayuna, NY.

What is the lease rate?

The lease rate is $18 SF/Yr.

What are key features of this property?

This property features: Approximately 12,738 square feet of freestanding retail space; Property spans two parcels; Parcels are in Colonie, Albany County, and Niskayuna, Schenectady County