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To-Be-Built Medical Office/Retail Building
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78 North Greenbush Road, Troy, NY 12180

To-be-built facility with strong Route 4 visibility, ample parking, and flexible subdivision for medical, office, or retail use.

Property Size10,000 SF
Days on Market59

Property Features for 78 North Greenbush Road

General Information

Standard status Active
Size 10,000 SF
Total Parking Spaces 160
Property subtype Office

Additional Details

Traffic Count 11,989 vehicles/day
Listing Agency: CBRE | Albany
Listed By: Brooke Stack · License #Associate Real Estate Broker
Source: Cbre
Added: Jun 3 Changed: Jul 10 Last Checked: Jul 31 at 5:50AM

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

Investment Insights

Based on property information with market context.

Offered for lease is a to-be-built medical/office/retail building on North Greenbush Road in Troy, NY. The building is designed to support multiple use types and can be subdivided from approximately 15,000 SF to 110,000 SF, allowing flexibility for single-tenant or multi-tenant concepts. The offering includes a total of 60 parking spaces to support customer and staff access.

Visibility and access are key components of the site. The property is positioned for great visibility from Route 4 (North Greenbush Road), with a 2025 AADT traffic count of 11,989. It is also proximate to a range of other commercial and retail users, supporting a tenant mix that benefits from consistent day-to-day traffic.

This space is best suited for operators looking for a purpose-built environment that can accommodate medical office needs alongside compatible office and retail uses. With the ability to lease part of the building or scale up within the subdividable range, it can work for growing healthcare practices, professional services, and other retail-oriented concepts that require strong roadway presence and straightforward parking access.

Key Highlights

  • To‑be‑built 110,000 SF medical/office/retail building in Troy, NY
  • Can be subdivided from 15,000 SF up to 110,000 SF
  • 60 parking spaces

Property Analytics

Current Use

Medical Office Space

Suggested Use

Top Pick Building Supply Dental Office Big Box & Wholesale Store Auto Repair Shop Real Estate Agency Hair Salon

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

11,989 VPD
Traffic count
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

304
Businesses Nearby
Under-served
Demand for This Use

Demographics for 12180, NY

55,907
Population
25,527
Households
2.2
Avg Household Size
33
Median Age
40%
College-Educated
90%
High-School Grad
56.2 sq mi
ZIP Area
995
Density / Sq Mi
$73,767
Median Household Income
$41,787
Median Earnings
$1,188
Median Rent
$233,000
Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
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Frequently Asked Questions

What type of property is this?
Medical Office Space - To-be-built facility with strong Route 4 visibility, ample parking, and flexible subdivision for medical, office, or retail use.
Where is this medical office space located?
The property is located at 78 North Greenbush Road Troy, NY.
What are key features of this property?
This property features: To‑be‑built 110,000 SF medical/office/retail building in Troy, NY; Can be subdivided from 15,000 SF up to 110,000 SF; 60 parking spaces
More about this property
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