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Subway-Leased NNN Property
New
For Sale
$499,900

79 Broadway, Menands, NY 12204

The occupant covers building maintenance and repairs under a triple-net lease with scheduled annual rent increases.

Property Size1,156 SF
Lot Size0.25 Acres
Price / SF$432.44
Days on Market1

Property Features for 79 Broadway

General Information

Standard status Active
Size 1,156 SF
Lot size 0.25 Acres
Property subtype Commercial

Additional Details

Asking Price $499,900
Highway Access Yes

Building Details

Year Built 1960
Buildings 1
Tenancy Single
Listing Agency: The Peoples Real Estate Group
Listed By: Hassan Khan · License #31825
Source: Heerrealty
Added: Oct 7 Last Checked: Oct 7 at 2:11PM

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 Peoples Real Estate Group

Investment Insights

Based on property information with market context.

A standalone, 1,156-square-foot commercial building in Menands is occupied by Subway. The 0.25-acre parcel includes paved on-site parking, and the building dates to 1960. The sale conveys the real estate; the Subway business is excluded.

The property is on Broadway, a corridor linking Albany and Troy, with access to I-787 at Exit 6. The existing triple-net lease assigns building maintenance and repairs to the tenant and provides for annual rent increases. Lease and financial details are available to qualified buyers.

Key Highlights

  • Subway occupies the standalone commercial building; the business is not part of the sale
  • 1,156‑square‑foot building on a 0.25‑acre parcel
  • Triple‑net lease includes annual rent increases

Property Analytics

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Current Use

Subway Take-out & Catering

Suggested Use

Top Pick Real Estate Agency Spa & Massage Center Dental Office Auto Parts Store Restaurant Nail 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

Single-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

351
Businesses Nearby
43k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 65% Dining 35%
Dollar Tree Shops & Services
10,478 visits/mo 0.1 miles
Mobil Shops & Services
7,809 visits/mo 0.2 miles
Dunkin' Donuts Dining
6,545 visits/mo 0.1 miles
KFC Dining
6,277 visits/mo 0.2 miles
Family Dollar Shops & Services
5,384 visits/mo 0.2 miles

Demographics for 12204, NY

7,818
Population
4,290
Households
1.8
Avg Household Size
37
Median Age
39%
College-Educated
91%
High-School Grad
4.1 sq mi
ZIP Area
1,907
Density / Sq Mi
$75,197
Median Household Income
$48,911
Median Earnings
$1,294
Median Rent
$226,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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
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Frequently Asked Questions

What type of property is this?
NNN property - The occupant covers building maintenance and repairs under a triple-net lease with scheduled annual rent increases.
Where is this nnn property located?
The property is located at 79 Broadway Menands, NY.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: Subway occupies the standalone commercial building; the business is not part of the sale; 1,156‑square‑foot building on a 0.25‑acre parcel; Triple‑net lease includes annual rent increases
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