720 Hoosick Rd Troy, NY 12180
- Strip malls
- 34,000 SF
- 0.01 lot acres
Current Use by Public Records
- Plaza Discount Wines & Liquors / Wine Store
- Goodwill NYNJ Store & Donation Center / Non-Profit Organization
- Samaritan Hospital Bariatric and Metabolic Care / Medical Group / Surgeon
- Brunswick Plaza Shopping Center / Shopping Mall
- Herbalife Unbeatable Nutrition / Restaurant
Property Details for 720 Hoosick Rd
- Year built
- 2005
- Lot size
- 0.01 lot acres
- Property size
- 34,000 SF
- Property type
- Strip malls
- Property subtype
- Neighborhood centers
- APN
- 382200 91.-6-3.1/3
- APU
- 382200916313
Description
Brunswick Plaza, located at 720 Hoosick Rd, Troy, NY 12180, presents a compelling investment opportunity in a thriving retail environment. This single-story, 92,478 square foot strip center, built in 1997, boasts 12 suites and sits on a 15.53-acre lot. Currently, there are 20,528 square feet of vacant space available, divisible into units ranging from a minimum of 650 square feet to a maximum contiguous space of 7,686 square feet. The property enjoys exceptional visibility on Hoosick Road, with over 25,000 vehicles passing daily, ensuring high exposure for tenants. Strong co-tenancy is provided by established businesses including Market 32, Pet Supplies Plus, Dollar Tree, and Goodwill, creating a synergistic and attractive retail environment. Its convenient location offers easy access from Interstates 87 and 787, enhancing accessibility for both customers and employees. This property is ideal for a variety of retail uses and presents a rare opportunity to secure space in a well-established and high-traffic retail center.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $445,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $415,000
- 6.5%
- $420,000
- 7%
- $440,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $440,000
- Geo Method
- $390,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $425,000
- Retail
- $480,000
- Mixed-Use
- $440,000
- Hospitality
- $415,000
- Educational
- $395,000
- Residential Income
- $450,000
- Energy
- $350,000
- Income-Based Land
- $430,000
- Food Service
- $385,000
Location Insight
- Map
- Local Demand
- City
- Troy
- County
- Rensselaer
- State
- New York
- Longitude
- -73.6447
- Latitude
- 42.7436
- CBSA code
- 10580
- CBSA name
- ALBANY-SCHENECTADY-TROY, NY METROPOLITAN STATISTICAL AREA