Property profile

2080 Western Ave Guilderland, NY 12084

OFF-MARKET
Strip malls
Property ID
US63-1061031
161,797 SF 13.69 ac lot Built 1973
Entity Owned 9-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 2,950 square foot Class A office suite is located in the vibrant Hamilton Square Shopping Plaza at 2080 Western Ave, Suite 115. Situated in a high-traffic area with excellent visibility along Western Ave, this in-line corner suite boasts a desirable location with easy access via I-87. The space is currently built out as an office, featuring six private offices, a breakroom, a large conference room, a reception area, and two bathrooms. Additional amenities include building signage and an alarm system. The sublease runs through April 2029. The property is part of a larger 161,797 square foot building on a 13.69-acre lot, built in 1973, and offers 750 parking spaces. The building features a 10-foot ceiling height. Strong co-tenancy includes well-known businesses such as Juniors Bar and Grill, Market 32, Jimmy Johns, Vent Fitness, Starbucks, Sherwin-Williams Paint, Empire Vision, M&T Bank, and Priority One Urgent Care. The property is zoned for General Business (APN: 51.02-2-4) and is easily accessible from New Karner Road. This is a rare opportunity to secure a well-appointed office space in a thriving retail center. Minimum divisible space is 2,950 square feet, with a maximum contiguous space of 2,950 square feet. The building is a single-story structure.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1973
Total area 161,797 SF
Lot 13.69 ac (596,336 SF)
Zoning code GB
APN 013089 51.02-2-4
UPID US63-1061031

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant
  • Take-out & Catering
  • Gym & Fitness Center
  • (Bike/Boat/Book/etc) Store
  • (Bike/Boat/Book/etc) Store

Location

2080 Western Ave Guilderland, NY 12084-9517
Guilderland metro Census 14615 ALBANY-SCHENECTADY-TROY, NY METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
$1.33M

Owner & transaction history

since 2017
2 recorded transactions
2017
Price N/A
1969
Price N/A

Zoning & alternative use

GB · Guilderland, NY
Zoning description

General Business (GB) District. § 280-22 Industrial (I) District. § 280-23 Industrial Park (IP) District. § 280-6 Application. No structure shall be erected, moved, altered or enlarged, no use shall take place, be moved,…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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