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Built-Out Salon Retail Suite
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16 N Greenbush Rd, Troy, NY 12180

Fully built out former salon space available in a health-and-wellness focused mixed-use project.

Property Size3,500 SF
Days on Market58

Property Features for 16 N Greenbush Rd

General Information

Standard status Active
Size 3,500 SF
Property subtype RETAIL
Lease Type SF/yr
Listing Agency: Atlantic Retail | Albany
Listed By: Shannon Older
Source: Moodyscre
Added: Jun 4 Changed: Jul 28 Last Checked: Jul 30 at 9:46AM

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 Atlantic Retail | Albany

Investment Insights

Based on property information with market context.

This retail suite is fully built out as a former salon, offering an in-place layout designed for day-to-day customer service. The property is part of a mixed-use project centered on health and wellness.

The location is on Route 4, directly across the street from Hudson Valley Community College. Access is available via a signalized intersection and also through the adjacent V Square project.

In addition to the available space, the second-story office is fully leased, supporting an active, multi-use setting within the overall development.

Key Highlights

  • Fully built‑out former salon space available in a health & wellness‑focused mixed‑use project
  • Second‑story office is fully leased
  • Located on Route 4, across the street from Hudson Valley Community College

Property Analytics

Current Use

Panera Bread Cafe & Coffee Shop The Green Room Physical ... Physician Emergency Dentist Troy Dental Office The Face Space Spa & Massage Center Harmony Counseling, PLLC Foster Care Service

Suggested Use

Top Pick Building Supply Law Firm Dental Office Real Estate Agency Auto Parts Store Hair Salon

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
$3.75 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

304
Businesses Nearby

Demographics for 12180, NY

55,907
Population
25,527
Households
2.2
Avg Household Size
33
Median Age
40%
College-Educated
90%
High-School Grad
56.2 sq mi
ZIP Area
995
Density / Sq Mi
$73,767
Median Household Income
$41,787
Median Earnings
$1,188
Median Rent
$233,000
Median Home Value

Market

Lease Benchmarks for Troy, NY

$13.12 /SF/Yr
Avg Asking Price
$2.36–$32.4 /SF/Yr
Price Range
27,253 SF
Avg Space Size

This space is priced 91% above the average of $13.12 /SF/Yr.

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Fully built out former salon space available in a health-and-wellness focused mixed-use project.
Where is this retail space located?
The property is located at 16 N Greenbush Rd Troy, NY.
What is the lease rate?
The lease rate is $25 SF/Yr.
What are key features of this property?
This property features: Fully built‑out former salon space available in a health & wellness‑focused mixed‑use project; Second‑story office is fully leased; Located on Route 4, across the street from Hudson Valley Community College
(518) 785-8200 Call to check price and availability
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