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    900 Central Ave Albany, NY 12206

    Sponsored
    For Lease
    Contact for pricing

    Prime Albany retail space, multiple units.

    Lot size:
    101,616 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    Hannaford Plaza presents a unique opportunity for businesses seeking high-visibility retail space in Albany, NY. Located on Central Avenue, Albany's primary retail corridor, this premier shopping center offers excellent accessibility and high foot traffic. The property boasts a total of 101,616 square feet of retail space, currently featuring multiple tenancies. For prospective tenants, there are four available spaces ranging in size from a minimum of 1,605 square feet to a maximum contiguous space of 3,932 square feet. A total of 9,788 square feet is currently vacant, offering flexibility for businesses of various sizes. The property's strategic location within the bustling commercial district of Albany County ensures significant exposure to a large customer base. This is an ideal location for businesses seeking a strong presence in a thriving retail environment. The flexible space options allow for customization to suit individual business needs, making it an attractive proposition for a variety of retail concepts. The opportunity to establish a presence in this established and successful shopping center is not to be missed. Contact us today to learn more about the available spaces and lease terms. Serious inquiries only.

    Property Features for 900 Central Ave

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    101,616 SF

    Unit(s) available at that property

    Space
    Space 4
    Size
    2,493 SF
    Space
    Pad Site
    Size
    3,500 SF
    Space
    Available Space 7
    Size
    6,000 SF
    Space
    Available Space 8
    Size
    5,067 SF

    HighLights

    • Retail property totaling 101,616 square feet.
    • Multiple tenancy with spaces ranging from 1,605 to 6,000 square feet available.
    • 9,788 square feet of vacant space currently available.
    • Located in Albany County on Central Avenue, Albany's primary retail corridor.
    Property Profile Location Intelligence

    Current Use by Public Records

    Western Union Money Transfer Service Colvin Wine & Liquor Wine Store Bank of America ATM Atm Michelle Wallock Pharmacy Jennifer Reiner Pharmacy

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Albany
    County
    Albany
    State
    New York
    Longitude
    -73.7920941
    Latitude
    42.6794793

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    FAQs

    What type of property is this?
    Retail property - Prime Albany retail space, multiple units.
    Where is this retail property located?
    The property is located at 900 Central Ave Albany, NY.
    What are key features of this property?
    This property features: Retail property totaling 101,616 square feet.; Multiple tenancy with spaces ranging from 1,605 to 6,000 square feet available.; 9,788 square feet of vacant space currently available.
    Request Owner's contact information
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    Albany, NY 12206
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    900 Central Ave Albany, NY 12206
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