Fully Leased Multi-Tenant Retail
For Sale
Contact for pricing
650 Troy Schenectady Rd, Latham, NY 12110
Three-tenant retail property built in 2008 with existing leases, including Dunkin’ Donuts, Verizon, and 3 Stone Dentistry.
Property Size7,355 SF
Days on Market145
Property Features for 650 Troy Schenectady Rd
General Information
Standard status
Active
Size
7,355 SF
Property subtype
Retail
Occupancy
100%
Site & Location
Traffic Count
44,700 vehicles/day
Highway Access
Yes
Building Details
Year Built
2008
Tenancy
Multi
Listing Agency:
The Boulder Group
(847) 562-0003
Listed By:
Randy Blankstein · License #IL 471005983
Source:
Crexi
Added: Apr 10
Changed: Aug 8
Last Checked: Jul 23 at 9:29AM
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 The Boulder Group
Investment Insights
Based on property information with market context.
Exclusively marketed for sale, this fully leased three-tenant retail property was constructed in 2008 and is anchored by a 7,355 square foot tenant building. The offering includes established operations for Dunkin’ Donuts, Verizon, and 3 Stone Dentistry & Implants, with the dental practice providing general dentistry and restorative services, along with oral surgery, dentures, implants, and other listed care services. The property is currently presented as a leased investment, with rent escalations noted for the Dunkin’ Donuts lease in December 2019.
The building is located in a dense retail corridor within the Albany MSA along a primary east-west thoroughfare with 44,700 VPD. The property is immediately off Interstate 87 (117,280 VPD) and near Albany International Airport, with nearby hotels and several major retailers in the surrounding trade area including Walmart Supercenter, Lowe’s, Dick’s Sporting Goods, Price Chopper, Sam’s Club, Target, Home Depot, and TJMaxx.
Verizon Wireless has a corporate lease guarantee rated BBB+ by S&P, identified as investment grade in the remarks, providing additional support to the tenant profile.
The building is located in a dense retail corridor within the Albany MSA along a primary east-west thoroughfare with 44,700 VPD. The property is immediately off Interstate 87 (117,280 VPD) and near Albany International Airport, with nearby hotels and several major retailers in the surrounding trade area including Walmart Supercenter, Lowe’s, Dick’s Sporting Goods, Price Chopper, Sam’s Club, Target, Home Depot, and TJMaxx.
Verizon Wireless has a corporate lease guarantee rated BBB+ by S&P, identified as investment grade in the remarks, providing additional support to the tenant profile.
Key Highlights
- Fully leased three‑tenant retail property in Latham, NY
- 7,355 SF tenant building constructed in 2008 in an Albany MSA retail corridor
- Dunkin’ Donuts lease with a 21% rent escalation in December 2019
Property Analytics
Property Profile
Current Use
Lease Details
44,700 VPD
Traffic count
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
823
Businesses Nearby
345k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 33%
Dining 25%
Shops & Services 15%
Apparel 13%
Target
Superstores
114,480 visits/mo
0.3 miles
T.J. Maxx
Apparel
33,299 visits/mo
0.4 miles
Michaels
Shops & Services
33,249 visits/mo
0.4 miles
HomeGoods
Home Improvements & Furnishings
29,859 visits/mo
0.3 miles
Panera Bread
Dining
23,713 visits/mo
0.4 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
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Frequently Asked Questions
What type of property is this?
Retail space - Three-tenant retail property built in 2008 with existing leases, including Dunkin’ Donuts, Verizon, and 3 Stone Dentistry.
Where is this retail space located?
The property is located at 650 Troy Schenectady Rd Latham, NY.
What are key features of this property?
This property features: Fully leased three‑tenant retail property in Latham, NY; 7,355 SF tenant building constructed in 2008 in an Albany MSA retail corridor; Dunkin’ Donuts lease with a 21% rent escalation in December 2019
