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    11 Vista Blvd Slingerlands, NY 12159

    For Lease
    $1.00 SF/Yr

    Prime Retail Bank Space, High Traffic Area

    Lot size:
    2,576 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional single-tenant retail bank building, located at 11 Vista Blvd in Shop Rite Plaza, presents a unique investment opportunity. Built in 2012, the property boasts 2,576 square feet of space and features a convenient drive-thru. Situated off Route 85, this location benefits from high visibility and exceptional traffic counts, exceeding 17,000 vehicles daily. The building is a single-story structure with ample parking, providing 35 spaces for customers and employees. The property is currently under a sublease agreement with nine years remaining, offering long-term stability and potential for significant return on investment. Located in Albany County, this property is surrounded by other retail establishments and shopping centers, ensuring a thriving commercial environment. The building's prime location and substantial traffic volume make it an ideal space for a variety of financial institutions or businesses seeking high visibility and accessibility. This is a rare opportunity to acquire a well-maintained, established retail space in a high-traffic area with a long-term lease in place. Contact us today for further details and pricing information.

    Property Features for 11 Vista Blvd

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,576 SF
    Total Rate
    214.67

    Building Details

    Year Built
    2012
    Stories
    1

    Unit(s) available at that property

    Space
    Size
    2,576 SF
    Rate per SF
    $1.00

    HighLights

    • 2,576 SF single‑tenant retail building.
    • Located in Shop Rite Plaza, Vista Blvd off Route 85, high traffic area (17,000+ cars daily).
    • Drive‑thru available.
    • Nine‑year remaining sublease.
    • Built in 2012, one‑story building.
    • 35 parking spaces.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Berkshire Bank Bank

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Hotel & Motel Gym & Fitness Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Slingerlands
    County
    Albany
    State
    New York
    Longitude
    -73.8606975
    Latitude
    42.6408441

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    FAQs

    What type of property is this?
    Individual retail property - Prime Retail Bank Space, High Traffic Area
    Where is this individual retail property located?
    The property is located at 11 Vista Blvd Slingerlands, NY.
    What is the lease rate?
    The lease rate is $1.00 SF/Yr.
    What are key features of this property?
    This property features: 2,576 SF single-tenant retail building.; Located in Shop Rite Plaza, Vista Blvd off Route 85, high traffic area (17,000+ cars daily).; Drive-thru available.
    Request Owner's contact information
    11 Vista Blvd Slingerlands, NY 12159
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    Slingerlands, NY 12159
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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
    11 Vista Blvd Slingerlands, NY 12159
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