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    OFF-MARKET
    Retail properties & Spaces

    2545 Us-9, Malta, NY 12020

    131,572 SF 9.96 ac lot Built 2011
    Property ID
    Property summary
    AI-generated overview

    Malta Center offers a unique investment opportunity in a thriving Saratoga County location. This four-story, 131,572 square foot Class C retail center boasts a prime location directly off I-87 Exit 12, providing exceptional visibility along the busy Route 9 retail corridor. The property features a mix of retail, office, and medical spaces, with 10 units currently available, ranging from a minimum of 470 square feet to a maximum contiguous space of 4,400 square feet. A significant 28,350 square feet of vacant space presents immediate leasing potential. The building, constructed in 2011, sits on a substantial 9.96-acre lot (433,858 square feet) and is zoned DX-3. On-site amenities include 100 parking spaces and the added benefit of residential apartments and lofts, creating a vibrant and diverse community. Spaces are available as vanilla shell or tenant-ready, offering flexibility for various business needs. Negotiable lease terms and tenant allowances are available to qualified tenants. This property presents a compelling opportunity for businesses seeking high visibility and convenient access to major transportation routes in a rapidly growing area. The minimum divisible space is 470 square feet, ideal for smaller businesses, while larger spaces are available for expansion.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Year built 2011
    Total area 131,572 SF
    Lot 9.96 ac (433,858 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Isalis (Bike/Boat/Book/etc) Store
    • Party City Party Supply Store (Bike/Boat/Book/etc) Store
    • Skunk Funk Big Box & Wholesale Store
    • Carl's Trading Co Hat Shop
    • Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
    Value estimations
    Realmo proprietary · 4 methods
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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