1038 Central AveAlbany, NY 12205

For Lease
$29.50/SF/YR

Prime Retail Space, Drive-Thru, Lease Expiring 2025

Overview

Added:
Dec 11, 2024
Days on market:
94
This exceptional ±2,012 square foot free-standing retail building is situated on the bustling Central Avenue (Route 5) in Albany, New York. Currently occupied by a Dunkin' Donuts franchise, the property boasts a convenient drive-thru, enhancing its appeal and operational efficiency. The building is offered for sale or lease, presenting a compelling investment opportunity. The existing lease with the current tenant is set to expire in August 2025, providing flexibility for future use or continued tenancy. Located in Albany County, with a precise address of 1038 Central Ave, Albany, NY 12205 (42.6855705, -73.7968814), this property benefits from high visibility and accessibility due to its prominent location on a major thoroughfare. The single-tenant occupancy simplifies management and provides a clear revenue stream. The property's classification is retail, specifically categorized as a restaurant. This presents a unique opportunity for investors seeking a strong performing asset in a desirable location or for an owner-user seeking to establish their own business in a high-traffic area. The property's size and features make it suitable for a variety of retail uses, beyond its current configuration. Serious inquiries are encouraged to explore the potential of this valuable commercial real estate asset.

Unit(s) available at that property

Space
Size
2,012 SF
Rate per SF
$29.50

Location Insight

City
Albany
County
Albany
State
New York
Latitude
42.6855705
Longitude
-73.7968814
1038 Central Ave, Albany, New York

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1038 Central Ave
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