Freestanding Retail Building with Pizza
679 Burden Avenue Troy, NY 12180
679 Burden Avenue, Troy, NY, 12180
$1,300,000
For Sale
$1,300,000
Freestanding retail building offers a pizza parlor setup and beverage center with bottle return at a signalized intersection.
Property Size5,672 SF
Price / SF$229.20
Days on Market49
Property Features for 679 Burden Avenue
General Information
- Standard status
- Active
- Size
- 5,672 SF
- Property subtype
- Retail
Listing agency
CBRE - Albany
(518) 727-0862
Listed by
Brooke Stack · License #Associate Real Estate Broker
(518) 727-0862
Source
Cbre
Added: Jun 4 Updated: Jul 10 at 3:59PM Checked: Jul 21 at 5:18AM
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 CBRE - Albany
Investment Insights
Based on property information with market context.
Offered for sale is a 5,672 SF freestanding retail building built out as a pizza parlor and a beverage center with a bottle return. The beverage center includes one grade level door, and the property is arranged to support both food-service and beverage operations under one roof. On-site parking is available with 26 parking spaces.
The property is located in Troy, NY at a signalized intersection with ingress and egress provided at Burden Avenue and Main Street. Vehicle access is designed for both customers and deliveries, supported by the property’s street-level configuration. The provided 2025 AADT traffic count at Burden Ave is 10,741.
This asset is best suited for an operator or owner seeking a freestanding retail location with an existing pizza parlor buildout and a dedicated beverage center concept, including bottle return functionality. The pizza parlor is currently on a lease, with 3 years remaining on the lease term, which may support an owner looking for immediate income while planning for long-term occupancy.
The property is located in Troy, NY at a signalized intersection with ingress and egress provided at Burden Avenue and Main Street. Vehicle access is designed for both customers and deliveries, supported by the property’s street-level configuration. The provided 2025 AADT traffic count at Burden Ave is 10,741.
This asset is best suited for an operator or owner seeking a freestanding retail location with an existing pizza parlor buildout and a dedicated beverage center concept, including bottle return functionality. The pizza parlor is currently on a lease, with 3 years remaining on the lease term, which may support an owner looking for immediate income while planning for long-term occupancy.
Key Highlights
- ±5,672 SF freestanding retail building in Troy, NY
- Built out as a pizza parlor plus a beverage center with bottle return
- ±26 parking spaces
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $102.1k | $18.00 |
| − Vacancy | −$4.3k | −$0.76 |
| EGI | $97.8k | $17.24 |
| − OpEx | −$24.5k | −$4.31 |
| NOI | $73.4k | $12.93 |
5,672 SF · lease $18.00/SF/yr · vacancy 4.20% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$1.05M
$917.0K – $1.22M
NOI $73,356 @ 7.0% cap · market cap 5.64%
Second Best
Retail
$978.1K
$855.8K – $1.14M
NOI $68,466 @ 7.0% cap · market cap 5.27%
Theoretical Best
Office A
$1.77M
$1.55M – $2.06M
NOI $123,894 @ 7.0% cap · market cap 9.53%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Unbank ATM
Atm
Omme eats
Restaurant
ATM Machine at Ommes ...
Atm
Troy Pizza And Gyro
Restaurant
Similar For Sale Nearby
FAQs
What type of property is this?
Conventional restaurant - Freestanding retail building offers a pizza parlor setup and beverage center with bottle return at a signalized intersection.
Where is this conventional restaurant located?
The property is located at 679 Burden Avenue Troy, NY.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: ±5,672 SF freestanding retail building in Troy, NY; Built out as a pizza parlor plus a beverage center with bottle return; ±26 parking spaces
