Building Details

Tenancy Multi

Listing Agency: Carrow Real Estate Services LLC c***@carrowrealestateservices.com Show Phone

Listed By: Craig Clermont · License #10401382252 Show Phone

Source: Exprealty

Added: Oct 7 Changed: Oct 10 Last Checked: Oct 14 at 11:43PM

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Investment Insights

Based on property information with market context.

This multi-tenant commercial property at 704 New Loudon Rd includes two occupied suites and a vacant 1,153-square-foot office suite. The occupied leases are NNN and provide for 3% annual rent increases, with two five-year renewal options each.

The property is in Latham’s Route 9 corridor.

Key Highlights

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

Property Analytics

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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

3

Office units

Multi-tenant

Tenancy

Location Intelligence

Trade Area within ½ mile

643

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 and a vacant office suite offer a mix of leased and available space.

Where is this nnn property located?

The property is located at 704 New Loudon Rd Latham, 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 with NNN leases; Vacant 1,153 SF office suite; Occupied leases include 3% annual rent increases