NNN Ground-Leased Bank
For Sale
Contact for pricing
Pending
804 Loudon Rd, Latham, NY 12110
Ground-leased NNN bank property with a long-term lease and renewal options every five years through 2077.
Property SizeContact for details
Days on Market124
Property Features for 804 Loudon Rd
General Information
Standard status
Pending
Property subtype
Office
Listing Agency:
NAI Platform
Listed By:
Jay Verro, CCIM · License #NY 30VE0814140
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Aug 11 at 2:47PM
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 NAI Platform
Investment Insights
Based on property information with market context.
804–806 New Loudon Road is a ground-leased NNN bank investment property that has housed multiple banks since 1982. The original lease term is 95 years, with renewal options every five years scheduled through 2077.
The next five-year option period is set to begin on 04/01/2022. The property is positioned at one of the main entrances to the Shoppes at Latham Circle. Please contact the listing broker for additional details and do not bother the tenant.
The next five-year option period is set to begin on 04/01/2022. The property is positioned at one of the main entrances to the Shoppes at Latham Circle. Please contact the listing broker for additional details and do not bother the tenant.
Key Highlights
- 804‑806 New Loudon Road ground‑leased NNN bank property with long‑term lease and renewal options.
- Original 95‑year lease includes renewal options every 5 years through 2077.
- Next 5‑year renewal option period begins 04/01/2022.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
659
Businesses Nearby
439k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 30%
Shops & Services 24%
Dining 18%
Apparel 13%
Walmart
Superstores
132,725 visits/mo
0.1 miles
Lowe's
Home Improvements & Furnishings
43,684 visits/mo
0.1 miles
Burlington
Apparel
34,407 visits/mo
0.2 miles
Ollie's Bargain Outlet
Shops & Services
23,447 visits/mo
0.5 miles
Dollar Tree
Shops & Services
21,427 visits/mo
0.1 miles
Demographics for 12110, NY
19,682
Population
8,269
Households
2.4
Avg Household Size
44
Median Age
46%
College-Educated
93%
High-School Grad
14.3 sq mi
ZIP Area
1,376
Density / Sq Mi
$101,839
Median Household Income
$53,658
Median Earnings
$1,431
Median Rent
$306,100
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Bank - Ground-leased NNN bank property with a long-term lease and renewal options every five years through 2077.
Where is this bank located?
The property is located at 804 Loudon Rd Latham, NY.
What are key features of this property?
This property features: 804‑806 New Loudon Road ground‑leased NNN bank property with long‑term lease and renewal options.; Original 95‑year lease includes renewal options every 5 years through 2077.; Next 5‑year renewal option period begins 04/01/2022.
