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    274 Troy Rd Rensselaer, NY 12144

    Sponsored
    For Lease
    $20 SF/Yr ($7,886 /Mo)

    4,732 SF Strip Center - Available Now

    Lot size:
    4,732 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional retail opportunity in North Greenbush, NY, presents a 4,732 square foot strip center located at 274 Troy Road, zip code 12144. The entire property is currently vacant and available for lease, offering a unique chance for a single tenant to occupy the entire space or multiple tenants to occupy individual units. The building is categorized as a retail and restaurant space, making it suitable for a variety of businesses. Individual spaces range from a minimum of 1,335 square feet to a maximum contiguous space of 1,825 square feet, providing flexibility for businesses of varying sizes. The property's location in North Greenbush County, Rensselaer, NY offers excellent visibility and accessibility for customers. This is an ideal location for businesses seeking high foot traffic and convenient access to major roadways. The property's total square footage is 4,732 square feet, providing ample space for a variety of retail or restaurant concepts. This is a rare opportunity to secure a prominent retail space in a desirable location. Interested parties should inquire promptly to secure this exceptional property. The property is situated at 42.6422946 latitude and -73.6984558 longitude.

    Property Features for 274 Troy Rd

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    4,732 SF
    Total Rate
    7886.67

    Unit(s) available at that property

    Space
    Available Space 1
    Size
    1,825 SF
    Rate per SF
    $22
    Space
    Available space 2
    Size
    1,335 SF
    Rate per SF
    $20
    Space
    Available Space 3
    Size
    1,572 SF
    Rate per SF
    $20

    HighLights

    • Route 4 retail strip center across from Walmart Supercenter.
    • Traffic signal access with pylon signage.
    • High visibility from Route 4.
    • 4,732 SF available; includes 1,825 SF endcap (former restaurant), 1,335 SF inline (former retail), and 1,572 SF inline (former retail).
    • Strong co‑tenancy with Mattress Firm and SportsClips.
    Property Profile Location Intelligence

    Current Use by Public Records

    Metabolic Fitness Physical Fitness Program John Mesko Real Estate Agency Sport Clips Haircuts ... Barber Shop Mattress Firm Rensselaer Mattress Store Golden Grain Pizza ... Pizza Restaurant

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Rensselaer
    County
    North Greenbush
    State
    New York
    Longitude
    -73.6984558
    Latitude
    42.6422946

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    FAQs

    What type of property is this?
    Neighborhood center - 4,732 SF Strip Center - Available Now
    Where is this neighborhood center located?
    The property is located at 274 Troy Rd Rensselaer, NY.
    What is the lease rate?
    The lease rate is $20-$22 SF/Yr.
    What are key features of this property?
    This property features: Route 4 retail strip center across from Walmart Supercenter.; Traffic signal access with pylon signage.; High visibility from Route 4.
    Request Owner's contact information
    274 Troy Rd Rensselaer, NY 12144
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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
    274 Troy Rd Rensselaer, NY 12144
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