Two-Building Medical Campus
For Sale
Contact for pricing
176 Washington Ave Ext, Albany, NY 12203
Two-building medical campus built in 2012, 100% occupied on NNN leases with approximately 181 onsite parking spaces.
Property SizeContact for details
Days on Market121
Property Features for 176 Washington Ave Ext
General Information
Standard status
Active
Property subtype
Office
Listing Agency:
SRS Real Estate Partners Newport Beach
(480) 221-4221
Listed By:
Stephen Sullivan · License #CA 01939096
Source:
Crexi
Added: Apr 12
Changed: Aug 8
Last Checked: Jul 21 at 7:45PM
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 SRS Real Estate Partners Newport Beach
Investment Insights
Based on property information with market context.
Pinebush Medical Campus offers leasehold (building-only) ownership in a 100% occupied, two-building medical investment property built in 2012. The campus is anchored by a necessity-based medical tenant mix including Dialysis Clinic Inc., Albany Medical College, and Fresenius (S&P: BBB), with all current tenants operating under NNN leases.
The property is situated on 3.28 acres along Washington Avenue Extension, a major retail and commuter thoroughfare averaging 32,600 vehicles passing by daily. The site provides significant street frontage and multiple points of ingress/egress and includes approximately 181 onsite parking spaces.
Pinebush Medical Campus also benefits from nearby on/off ramp access to Interstates 87 and 90, and is located across from Crossgates Commons, a 443,000 SF power center anchored by Walmart Supercenter, The Home Depot, and At Home.
The property is situated on 3.28 acres along Washington Avenue Extension, a major retail and commuter thoroughfare averaging 32,600 vehicles passing by daily. The site provides significant street frontage and multiple points of ingress/egress and includes approximately 181 onsite parking spaces.
Pinebush Medical Campus also benefits from nearby on/off ramp access to Interstates 87 and 90, and is located across from Crossgates Commons, a 443,000 SF power center anchored by Walmart Supercenter, The Home Depot, and At Home.
Key Highlights
- Two‑building medical campus built in 2012, 100% occupied, leasehold (building only) ownership
- NNN leases with medical tenants Dialysis Clinic Inc., Albany Medical College, and Fresenius (S&P: BBB)
- 3.28‑acre site with approximately 181 onsite parking spaces and ~5.24 spaces per 1,000 SF of GLA
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
549
Businesses Nearby
Explore this area
Business Placement
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
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Frequently Asked Questions
What type of property is this?
Medical center - Two-building medical campus built in 2012, 100% occupied on NNN leases with approximately 181 onsite parking spaces.
Where is this medical center located?
The property is located at 176 Washington Ave Ext Albany, NY.
What are key features of this property?
This property features: Two‑building medical campus built in 2012, 100% occupied, leasehold (building only) ownership; NNN leases with medical tenants Dialysis Clinic Inc., Albany Medical College, and Fresenius (S&P: BBB); 3.28‑acre site with approximately 181 onsite parking spaces and ~5.24 spaces per 1,000 SF of GLA
