Free-Standing Retail Corner
For Lease
Contact for pricing
1863 Central Avenue, Colonie, NY 12205
Free-standing retail building at a signalized intersection with ample parking and flexible COR zoning for retail and services.
Space Size11,180 SF
Days on Market75
Property Features for 1863 Central Avenue
General Information
Standard status
Active
Size
11,180 SF
Property subtype
Retail
Zoning
COR
Additional Details
Traffic Count
60,000 vehicles/day
Building Details
Building Size
11,180 SF
Year Built
1998
Spaces For Lease
at 1863 Central Avenue Contact us- Size
- 11,180 SF
- Term
- Negotiable
- Rate
- Contact for pricing
1863 Central Avenue
Listing Agency:
IKON Realty Group
(518) 573-5853
Listed By:
Bruce Ginsburg · License #10301204641
(518) 573-5853
Source:
Ikonrealtygroup
Added: Jun 2
Changed: Aug 8
Last Checked: Aug 15 at 5:47AM
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.
An 11,180± SF free-standing retail building originally constructed in 1998 for Rite Aid, and operated at this location for more than 25 years. The property has been well-maintained and is available for lease. COR zoning allows a wide range of retail and commercial uses, including medical and service uses.
The site is positioned at the signalized intersection of Central Avenue and Route 155, on an established retail corridor in the Capital Region. The location is described as high visibility and access, with over 60,000 vehicles per day and ample parking.
The offering provides a practical corner-building configuration for tenants interested in a build-to-suit or ground lease opportunity.
The site is positioned at the signalized intersection of Central Avenue and Route 155, on an established retail corridor in the Capital Region. The location is described as high visibility and access, with over 60,000 vehicles per day and ample parking.
The offering provides a practical corner-building configuration for tenants interested in a build-to-suit or ground lease opportunity.
Key Highlights
- 11,180± SF free‑standing retail building built in 1998 for Rite Aid
- Rite Aid operated on‑site for 25+ years
- COR zoning supports a wide range of retail and commercial uses, including medical and service uses
Property Analytics
Property Profile
Current Use
Lease Details
60,000 VPD
Traffic count
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
785
Businesses Nearby
228k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 30%
Shops & Services 26%
Apparel 22%
Groceries 17%
Kohl's
Apparel
48,119 visits/mo
0.4 miles
Aldi
Groceries
37,289 visits/mo
0.1 miles
McDonald's
Dining
17,876 visits/mo
0.3 miles
Mobil
Shops & Services
14,133 visits/mo
0.1 miles
7 Brew Coffee
Dining
14,019 visits/mo
0.2 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
Lease Benchmarks for Colonie, NY
$13.26 /SF/Yr
Avg Asking Price
$1.04–$34 /SF/Yr
Price Range
11,152 SF
Avg Space Size
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Free-standing retail building at a signalized intersection with ample parking and flexible COR zoning for retail and services.
Where is this retail space located?
The property is located at 1863 Central Avenue Colonie, NY.
What are key features of this property?
This property features: 11,180± SF free‑standing retail building built in 1998 for Rite Aid; Rite Aid operated on‑site for 25+ years; COR zoning supports a wide range of retail and commercial uses, including medical and service uses
