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    OFF-MARKET
    Office Spaces

    1182 Troy-Schenectady Rd, Latham, NY 12110

    32,997 SF 2.88 ac lot Built 2007
    Property ID
    Property summary
    AI-generated overview

    This exceptional Class A medical office building, totaling 32,997 square feet, is strategically located at 1182 Troy Schenectady Road in Latham, NY, offering unparalleled visibility and accessibility along the busy Route 7 corridor. Built in 2007 and extensively renovated in 2023, the three-story building boasts 12-foot ceilings and ample parking for 60 vehicles. Multiple suites are available, ranging from 1,937 to 4,319 contiguous square feet, ideal for a variety of medical or traditional office uses. Currently, 15,262 square feet is vacant, presenting a unique opportunity for expansion or new tenancy. The property features prominent pylon and building signage opportunities, enhancing visibility and brand recognition. Situated in a thriving plaza with nearby amenities including banking, restaurants, and hair salons, this location benefits from high traffic counts, with approximately 40,000 vehicles passing daily. The building's convenient location offers easy access to Albany International Airport and major highways (I-87, Highway 9, and Route 2), serving a substantial population base of over 520,000 residents within a 10-mile radius. The zoning is designated as 12, and the property sits on 2.88 acres in Albany County. Base rent excludes utilities, janitorial, and HVAC; tenants share pro-rata increases in operating expenses beyond the base year. This is a prime opportunity to establish or expand your practice in a high-demand location.

    Property profile
    Verified
    Property type Office Spaces
    Year built 2007
    Total area 32,997 SF
    Lot 2.88 ac (125,453 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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