Fully Leased Multi-Tenant Retail
650 Troy Schenectady Rd Latham, NY 12110
For Sale
Contact for pricing
Three-tenant retail property built in 2008 with existing leases, including Dunkin’ Donuts, Verizon, and 3 Stone Dentistry.
Property Size7,355 SF
Days on Market105
Property Features for 650 Troy Schenectady Rd
General Information
- Standard status
- Active
- Size
- 7,355 SF
- Property subtype
- Retail
Listing Agency:
The Boulder Group
(847) 562-0003
Listed By:
Randy Blankstein · License #IL 471005983
Source:
Crexi
Added: Apr 10
Changed: Jul 23
Last Checked: Jul 23 at 9:29AM
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 The Boulder Group
Investment Insights
Based on property information with market context.
Exclusively marketed for sale, this fully leased three-tenant retail property was constructed in 2008 and is anchored by a 7,355 square foot tenant building. The offering includes established operations for Dunkin’ Donuts, Verizon, and 3 Stone Dentistry & Implants, with the dental practice providing general dentistry and restorative services, along with oral surgery, dentures, implants, and other listed care services. The property is currently presented as a leased investment, with rent escalations noted for the Dunkin’ Donuts lease in December 2019.
The building is located in a dense retail corridor within the Albany MSA along a primary east-west thoroughfare with 44,700 VPD. The property is immediately off Interstate 87 (117,280 VPD) and near Albany International Airport, with nearby hotels and several major retailers in the surrounding trade area including Walmart Supercenter, Lowe’s, Dick’s Sporting Goods, Price Chopper, Sam’s Club, Target, Home Depot, and TJMaxx.
Verizon Wireless has a corporate lease guarantee rated BBB+ by S&P, identified as investment grade in the remarks, providing additional support to the tenant profile.
The building is located in a dense retail corridor within the Albany MSA along a primary east-west thoroughfare with 44,700 VPD. The property is immediately off Interstate 87 (117,280 VPD) and near Albany International Airport, with nearby hotels and several major retailers in the surrounding trade area including Walmart Supercenter, Lowe’s, Dick’s Sporting Goods, Price Chopper, Sam’s Club, Target, Home Depot, and TJMaxx.
Verizon Wireless has a corporate lease guarantee rated BBB+ by S&P, identified as investment grade in the remarks, providing additional support to the tenant profile.
Key Highlights
- Fully leased three‑tenant retail property in Latham, NY
- 7,355 SF tenant building constructed in 2008 in an Albany MSA retail corridor
- Dunkin’ Donuts lease with a 21% rent escalation in December 2019
Property Analytics
Location Intelligence
Current Use by Public Records
Dunkin
Cafe & Coffee Shop
FAQs
What type of property is this?
Retail space - Three-tenant retail property built in 2008 with existing leases, including Dunkin’ Donuts, Verizon, and 3 Stone Dentistry.
Where is this retail space located?
The property is located at 650 Troy Schenectady Rd Latham, NY.
What are key features of this property?
This property features: Fully leased three‑tenant retail property in Latham, NY; 7,355 SF tenant building constructed in 2008 in an Albany MSA retail corridor; Dunkin’ Donuts lease with a 21% rent escalation in December 2019
