Corner Retail Building with
For Lease
Contact for pricing
1026 Madison Ave, Albany, NY 12208
Former pharmacy space positioned beside an established entertainment venue and within a retail, dining, and nightlife corridor.
Space Size5,544 SF
Days on Market1104
Property Features for 1026 Madison Ave
General Information
Standard status
Active
Size
5,544 SF
Net Rentable
5,544 SF
Property subtype
RETAIL
Space & Availability
Available Space
5,544 SF
Contiguous Space
5,544 SF
Additional Details
Corner Location
Yes
Building Details
Building Size
5,544 SF
Spaces For Lease
at 1026 Madison Ave
1028 Madison Ave
AVAILABLE, Now
Floor
Bldg
Size
5,544 SF
Type
RETAIL
Rate
Contact for pricing
Sublease
No
- A +/-5,544 SF former CVS pharmacy building available for lease or sale. Excellent business opportunity with unparalleled visibility at a main intersection along Madison Avenue.
- Seller will consider Seller financing/a purchase-money mortgage
- Corner property at a main intersection
- Excellent signage and road visibility
- Adjacent to the Madison Theatre
- In the heart of Madison Avenue's main retail, restaurant, and entertainment corridor
Contact us
Listing Agency:
IKON Realty Group
(518) 456-5440
Listed By:
Bruce Ginsburg
(518) 573-5853
Source:
Moodyscre
Added: Oct 11, 2023
Changed: Oct 7
Last Checked: Oct 16 at 11:32AM
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
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Investment Insights
Based on property information with market context.
This 5,544-square-foot corner retail building was formerly occupied by CVS and is positioned at a prominent intersection along Madison Avenue. The property offers a visible commercial presence with dedicated signage and direct exposure to passing traffic.
The building sits adjacent to the Madison Theatre and within an established corridor featuring retail stores, restaurants, and entertainment uses. Its corner placement and recognizable former pharmacy configuration provide a practical foundation for a range of commercial occupancy plans.
The building sits adjacent to the Madison Theatre and within an established corridor featuring retail stores, restaurants, and entertainment uses. Its corner placement and recognizable former pharmacy configuration provide a practical foundation for a range of commercial occupancy plans.
Key Highlights
- 5,544 SF former CVS pharmacy building
- Corner position at a principal Madison Avenue intersection
- Signage and road exposure support storefront recognition
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
791
Businesses Nearby
20k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 68%
Dining 32%
Mobil
Shops & Services
10,707 visits/mo
0.1 miles
Dunkin' Donuts
Dining
6,383 visits/mo
0.1 miles
Citizens Bank
Shops & Services
3,088 visits/mo
0.2 miles
Demographics for 12208, NY
22,118
Population
11,522
Households
1.9
Avg Household Size
34
Median Age
56%
College-Educated
93%
High-School Grad
4.4 sq mi
ZIP Area
5,027
Density / Sq Mi
$69,505
Median Household Income
$39,268
Median Earnings
$1,291
Median Rent
$255,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Albany, NY
$15.63 /SF/Yr
Avg Asking Price
$1.65–$34 /SF/Yr
Price Range
8,316 SF
Avg Space Size
Vacancy Rate% for Retail in Albany, NY
Frequently Asked Questions
What type of property is this?
Retail space - Former pharmacy space positioned beside an established entertainment venue and within a retail, dining, and nightlife corridor.
Where is this retail space located?
The property is located at 1026 Madison Ave Albany, NY.
What are key features of this property?
This property features: 5,544 SF former CVS pharmacy building; Corner position at a principal Madison Avenue intersection; Signage and road exposure support storefront recognition
