Building Details

Year Built 1984

Tenancy Multi

Listing Agency: Realty One Group Key r***@realtyonegroupkey.com Show Phone

Listed By: Ryan Mortka · License #10401319216 Show Phone

Source: Simplywoodardrealestate

Added: May 3, 2024 Changed: Nov 1 Last Checked: Nov 1 at 3:19PM

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Investment Insights

Based on property information with market context.

Built in 1984, this retail strip center is fully leased, with tenants paying NNN expenses.

The property sits between the Hannaford and Price Chopper grocery plazas, amid surrounding shops and restaurants.

Key Highlights

• Fully leased retail strip center
• Tenants pay NNN expenses
• Built in 1984

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Tasty Wok Restaurant Tune Skis LLC (Bike/Boat/Book/etc) Store Queen Nails Nail Salon

Suggested Use

Top Pick Law Firm Dental Office Auto Repair Shop Real Estate Agency Parking Lot & Garage Building Supply

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

100%

Occupancy

Multi-tenant

Tenancy

Location Intelligence

Trade Area within ½ mile

244

Businesses Nearby

65k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Dining 33% Shops & Services 28% Groceries 26% Apparel 11%

Aldi Groceries

16,645 visits/mo 0.1 miles

Dollar Tree Shops & Services

12,664 visits/mo 0.2 miles

Dunkin' Donuts Dining

10,218 visits/mo 0.1 miles

Applebee's Dining

9,052 visits/mo 0.0 miles

Label Shopper Apparel

7,011 visits/mo 0.1 miles

Demographics for 12302, NY

27,618

Population

12,406

Households

2.2

Avg Household Size

45

Median Age

42%

College-Educated

95%

High-School Grad

43.3 sq mi

ZIP Area

638

Density / Sq Mi

$94,156

Median Household Income

$55,305

Median Earnings

$1,207

Median Rent

$240,700

Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019

7.1% 2020

6.5% 2021

6% 2022

5.7% 2023

5.6% 2024

6% 2025

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Frequently Asked Questions

What type of property is this?

Strip mall - Occupying tenants are responsible for NNN lease obligations.

Where is this strip mall located?

The property is located at 272 Saratoga Road Glenville, NY.

What is the asking price?

The asking price for this property is $725,000.

What are key features of this property?

This property features: Fully leased retail strip center; Tenants pay NNN expenses; Built in 1984