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Mixed-Use Space with On-Site Parking

959 New Loudon Road, Colonie, NY 12110

For Lease
$22 SF/Yr

A 2016-built commercial suite offers parking at the property and sits beside a medical campus.

Space SizeContact for details
Property Size1,506 SF
Days on Market121

Property Features for 959 New Loudon Road

General Information

Standard status Active
Size 1,506 SF
Total Parking Spaces 100

Space & Availability

Space Use Office
Sublease No

Additional Details

Highway Access Yes

Taxes and HOA fees

Annual Taxes $19,411

Amenities

on-site parking
prominent signage opportunities

Building Details

Building Size 1,506 SF
Year Built 2016
Buildings 1
Listing Agency: Carrow Real Estate Services LLC
Listed By: Amber Hensley · License NY #10401397829
Source: Krutz-properties
Added: Jul 16 Changed: Nov 13 Last Checked: Nov 13 at 7:21PM

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 Carrow Real Estate Services LLC

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This 1,506-square-foot mixed-use space was built in 2016 and is offered for lease. The property includes on-site parking and prominent signage opportunities. Its configuration is described as office and retail space.

At 959 New Loudon Road in Colonie, the property is adjacent to the Community Care Physicians Medical Campus. The listing also identifies access to major highways, without specifying routes.

Key Highlights

  • 1,506‑square‑foot office and retail space
  • Built in 2016
  • Adjacent to the Community Care Physicians Medical Campus

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency HVAC Service Storage Facility Grocery & Convenience Store Big Box & Wholesale 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

Yes
Highway access
NNN (Triple Net)
Lease Type
$3.30 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,026
Businesses Nearby
547k
Monthly Visits Nearby

Foot Traffic Nearby

Superstores 45% Dining 25% Shops & Services 9% Apparel 8%
Walmart Superstores
132,725 visits/mo 0.5 miles
Target Superstores
114,480 visits/mo 0.4 miles
Burlington Apparel
34,407 visits/mo 0.5 miles
Michaels Shops & Services
33,249 visits/mo 0.5 miles
HomeGoods Home Improvements & Furnishings
29,859 visits/mo 0.4 miles

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

Market

Lease Benchmarks for Colonie, NY

$10.3 /SF/Yr
Avg Asking Price
$1.88–$25 /SF/Yr
Price Range
12,898 SF
Avg Space Size

This space is priced 114% above the average of $10.3 /SF/Yr.

Average Price Trend$/SF/Yr for Mixed-use properties in Albany County, NY

$13.9 Jul
$11.86 Aug
$11.92 Sep
$10.91 Oct

Properties on Market for Mixed-use properties in Albany County

Jul
Aug
Sep
Oct

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

Frequently Asked Questions

What type of property is this?
Mixed-use property - A 2016-built commercial suite offers parking at the property and sits beside a medical campus.
Where is this mixed-use property located?
The property is located at 959 New Loudon Road Colonie, NY.
What is the lease rate?
The lease rate is $22 SF/Yr.
What are key features of this property?
This property features: 1,506‑square‑foot office and retail space; Built in 2016; Adjacent to the Community Care Physicians Medical Campus
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