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Neighborhood Shopping Center with Pad Site
For Lease
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622 Lake Flower Ave, Saranac Lake, NY 12983

Lease space available at a neighborhood shopping center with a pad site option on Lake Flower Avenue.

Property Size3,200 SF
Days on Market966

Property Features for 622 Lake Flower Ave

General Information

Standard status Active
Size 3,200 SF
Property subtype RETAIL
Lease Type SF/yr

Additional Details

Available From Immediate

Building Details

Tenancy Multi
Listing Agency: Donovan Real Estate Services
Listed By: Kenneth Brownell · License #10491202934
Source: Moodyscre
Added: Dec 7, 2023 Changed: Jul 29 Last Checked: Jul 29 at 10:17AM

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 Donovan Real Estate Services

Investment Insights

Based on property information with market context.

Available for lease at Saranac Lake Shopping Center, this neighborhood retail property offers space within a shopping center setting and includes a pad site option. The center is described as having over 20,000 square feet available for lease.

The property is located on Lake Flower Avenue in the heart of Saranac Lake, along the main retail corridor of historic Saranac Lake. The remarks also position Saranac Lake as a regional vacation destination in the Adirondack Park.

For tenants seeking a location within an established retail mix serving the regional community, this offering provides an opportunity to join the center. Co-listed with Donovan Real Estate Services LLC.

Key Highlights

  • Over 20,000 SF available for lease at Saranac Lake Shopping Center.
  • Lease space at a neighborhood shopping center on Lake Flower Avenue in the heart of Saranac Lake, NY.
  • Pad site available as part of the offering.

Property Analytics

Current Use

Dollar Tree Discount Store Advance Auto Parts Auto Parts Store Coakley Home and Hardware Building Supply UPS Access Point ... Courier Service Coakley Home and Hardware ... Building Supply

Suggested Use

Top Pick Dental Office Building Supply Plumbing Service (Bike/Boat/Book/etc) Store 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

Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$1.58 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

77
Businesses Nearby
67k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 38% Shops & Services 26% Groceries 24% Home Improvements & Furnishings 10%
Aldi Groceries
16,200 visits/mo 0.2 miles
McDonald's Dining
15,765 visits/mo 0.2 miles
Dunkin' Donuts Dining
9,213 visits/mo 0.1 miles
Dollar Tree Shops & Services
8,033 visits/mo 0.0 miles
Mobil Shops & Services
6,986 visits/mo 0.1 miles

Demographics for 12983, NY

7,073
Population
4,664
Households
1.5
Avg Household Size
46
Median Age
43%
College-Educated
93%
High-School Grad
115.8 sq mi
ZIP Area
61
Density / Sq Mi
$64,604
Median Household Income
$39,717
Median Earnings
$845
Median Rent
$207,800
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
Rey
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Similar Off Market Nearby

  • Saranac Lake Plaza — 622 Lake Flower Ave, Saranac Lake, NY 12983

Frequently Asked Questions

What type of property is this?
Shopping center - Lease space available at a neighborhood shopping center with a pad site option on Lake Flower Avenue.
Where is this shopping center located?
The property is located at 622 Lake Flower Ave Saranac Lake, NY.
What is the lease rate?
The lease rate is $10.50 SF/Yr.
What are key features of this property?
This property features: Over 20,000 SF available for lease at Saranac Lake Shopping Center.; Lease space at a neighborhood shopping center on Lake Flower Avenue in the heart of Saranac Lake, NY.; Pad site available as part of the offering.
(716) 998-2943 Call to check price and availability
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