Neighborhood Shopping Center
For Sale
$4,600,000
1649 Columbia Turnpike, Castleton, NY 12033
Fully occupied, NNN neighborhood shopping center with a strong tenant mix anchored by major retail and services.
Property SizeContact for details
Days on Market90
Property Features for 1649 Columbia Turnpike
General Information
Standard status
Active
Property subtype
Retail
Occupancy
100%
Additional Details
Business Included
Yes
Highway Access
Yes
Building Details
Tenancy
Multi
Listed By:
Pyramid Brokerage Albany
(518) 489-9199
Source:
Pyramidbrokerage
Added: Jun 7
Changed: Sep 4
Last Checked: Sep 4 at 2:06AM
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 Pyramid Brokerage Albany
Investment Insights
Based on property information with market context.
This fully occupied neighborhood shopping center is offered on an NNN basis and features a tenant mix that includes Tractor Supply, the U.S. Post Office, a wine & liquor store, a hair salon, a laundromat, and a cannabis retailer. The property is supported by a large, highly visible monument sign along Columbia Turnpike.
The center is located just off I-90 at Exit 11. A neighboring Walgreens also draws traffic to the plaza, contributing to the overall retail and service mix for surrounding area customers.
For buyers seeking a stable retail investment profile, the property reflects long-standing tenancy, with only one new tenant added in the 13 years under the current landlord’s ownership. The lease structure includes regular base rent increases, aligning with an NNN framework designed to support predictable operating arrangements. Current occupancy and the established tenant roster provide a practical setup for an investor looking for a multi-tenant neighborhood retail asset.
The center is located just off I-90 at Exit 11. A neighboring Walgreens also draws traffic to the plaza, contributing to the overall retail and service mix for surrounding area customers.
For buyers seeking a stable retail investment profile, the property reflects long-standing tenancy, with only one new tenant added in the 13 years under the current landlord’s ownership. The lease structure includes regular base rent increases, aligning with an NNN framework designed to support predictable operating arrangements. Current occupancy and the established tenant roster provide a practical setup for an investor looking for a multi-tenant neighborhood retail asset.
Key Highlights
- Fully occupied neighborhood shopping center just off I‑90, Exit 11
- NNN leases with regular base rent increases
- Tenant mix includes Tractor Supply, U.S. Post Office, wine & liquor, hair salon, laundromat, and cannabis retailer
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Turnkey business
Opportunity
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
125
Businesses Nearby
13k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Home Improvements & Furnishings 100%
Tractor Supply Co.
Home Improvements & Furnishings
12,558 visits/mo
0.1 miles
Demographics for 12033, NY
8,076
Population
3,843
Households
2.1
Avg Household Size
46
Median Age
35%
College-Educated
93%
High-School Grad
28.5 sq mi
ZIP Area
283
Density / Sq Mi
$92,808
Median Household Income
$55,875
Median Earnings
$1,380
Median Rent
$267,500
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Similar Off Market Nearby
- Schodack Plaza — 1649 Columbia Turnpike, Castleton-On-Hudson, NY 12033
Frequently Asked Questions
What type of property is this?
Shopping center - Fully occupied, NNN neighborhood shopping center with a strong tenant mix anchored by major retail and services.
Where is this shopping center located?
The property is located at 1649 Columbia Turnpike Castleton, NY.
What is the asking price?
The asking price for this property is $4,600,000.
What are key features of this property?
This property features: Fully occupied neighborhood shopping center just off I‑90, Exit 11; NNN leases with regular base rent increases; Tenant mix includes Tractor Supply, U.S. Post Office, wine & liquor, hair salon, laundromat, and cannabis retailer
