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High-Visibility Retail Space Available
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1512 Western Ave, Albany, NY 12203

Retail space with freezer/cooler, high exposure location near university.

Space Size1,200 SF
Property Size3,806 SF
Days on Market1669

Property Features for 1512 Western Ave

General Information

Standard status Active
Size 1,200 SF
Property subtype Retail
Lease Type NNN

Building Details

Building Size 3,806 SF
Tenancy Multiple

Spaces For Lease

at 1512 Western Ave Contact us

Suite TCBY

Size
1,200 SF
Type
Retail
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Vanguard-Fine LLC
Listed By: Kenneth Brownell · License #NY 10491200498
Source: Crexi
Added: Jan 22, 2022 Changed: Aug 8 Last Checked: Aug 17 at 5:49PM

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 Vanguard-Fine LLC

Investment Insights

Based on property information with market context.

This 1,200 sq ft retail space offers fantastic visibility on Western Ave, located approximately 0.5 miles from the entrance to UAlbany and next to a busy Five Guys restaurant. The location provides high exposure near a university and state office campus, situated on a very busy road. Freezer and cooler space are available. The property is located off I-87, where the Northway meets Western Ave in Guilderland/Albany, making it a billboard location suitable for any business seeking high visibility.

Key Highlights

  • High‑visibility location on Western Ave near UAlbany entrance.
  • Located next to a high‑traffic 5 Guys restaurant.
  • 1,200 sq ft of space available.

Property Analytics

Current Use

Five Guys Restaurant

Suggested Use

Top Pick Building Supply HVAC Service Grocery & Convenience Store Auto Parts Store (Bike/Boat/Book/etc) Store Auto Repair Shop

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

NNN (Triple Net)
Lease Type
$6.00 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,236
Businesses Nearby
154k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 71% Apparel 11% Home Improvements & Furnishings 5% Groceries 5%
McDonald's Dining
30,802 visits/mo 0.3 miles
Burger King Dining
17,729 visits/mo 0.2 miles
Chipotle Mexican Grill Dining
14,149 visits/mo 0.3 miles
Starbucks Dining
13,362 visits/mo 0.2 miles
Dunkin' Donuts Dining
13,258 visits/mo 0.3 miles

Demographics for 12203, NY

28,210
Population
14,755
Households
1.9
Avg Household Size
38
Median Age
54%
College-Educated
95%
High-School Grad
10.4 sq mi
ZIP Area
2,713
Density / Sq Mi
$80,055
Median Household Income
$44,412
Median Earnings
$1,342
Median Rent
$258,800
Median Home Value

Market

Lease Benchmarks for Albany, NY

$13.26 /SF/Yr
Avg Asking Price
$1.04–$34 /SF/Yr
Price Range
11,152 SF
Avg Space Size

This space is priced 202% above the average of $13.26 /SF/Yr.

Vacancy Rate% for Retail in Albany, NY

5.4% 2020
4.8% 2021
5.5% 2022
4.7% 2023
5.5% 2024
5.8% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Retail space with freezer/cooler, high exposure location near university.
Where is this retail space located?
The property is located at 1512 Western Ave Albany, NY.
What is the lease rate?
The lease rate is $40 SF/Yr.
What are key features of this property?
This property features: High‑visibility location on Western Ave near UAlbany entrance.; Located next to a high‑traffic 5 Guys restaurant.; 1,200 sq ft of space available.
(518) 862-0861 Call to check price and availability
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