Building Details

Year Built 1965

Stories 2

Tenancy Multi

Listing Agency: Carrow Real Estate Services LLC

Listed By: Craig Clermont · License #10401382252 Show Phone

Source: Capmarkrealty

Added: Oct 9 Changed: Oct 10 Last Checked: Oct 14 at 8:18PM

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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 Carrow Real Estate Services LLC

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Investment Insights

Based on property information with market context.

At 704 Loudon Road, this commercial property has two occupied suites and a vacant 1,153 SF office suite. The building dates to 1965 and is zoned Commercial.

The occupied leases include 3% annual rent increases and two 5-year renewal options.

Key Highlights

• Two occupied suites under NNN leases
• Vacant 1,153 SF office suite
• Leases include 3% annual rent increases

Property Analytics

Current Use

NNN properties

Suggested Use

Top Pick Real Estate Agency Building Supply Big Box & Wholesale Store Dental Office Auto Parts Store Parking Lot & Garage

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

Location Intelligence

Trade Area within ½ mile

604

Businesses Nearby

Explore this area Business Placement

Demographics for 12110, NY

19,682

Population

8,269

Households

2.4

Avg Household Size

44

Median Age

46%

College-Educated

93%

High-School Grad

14.3 sq mi

ZIP Area

1,376

Density / Sq Mi

$101,839

Median Household Income

$53,658

Median Earnings

$1,431

Median Rent

$306,100

Median Home Value

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Frequently Asked Questions

What type of property is this?

NNN property - Two occupied suites have NNN leases with annual increases and renewal options.

Where is this nnn property located?

The property is located at 704 Loudon Road Colonie, NY.

What is the asking price?

The asking price for this property is $2,150,000.

What are key features of this property?

This property features: Two occupied suites under NNN leases; Vacant 1,153 SF office suite; Leases include 3% annual rent increases