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Space Available For Lease 1
Retail Building for Lease- 1038 Central Ave |
Offered for sale or lease is a prime free-standing, ±2,012 SF retail building located on busy Central Avenue (Route 5). Currently occupied by Dunkin Donuts with a drive-through. Current tenant lease expires August 2025. + Highly visible location at a traffic light + ±0.33 acre site + ±14 parking spaces + 26,139 AADT (2023) + Perfect for retail, office or additional dining concepts + Substantial foot and vehicle traffic
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Contacts
CBRE Upstate NY
Property Details
- Property Type Retail
- Property Size 2,012 SF
- Lot Size 0.33 Acre
- Additional Rent Contact for pricing
- Year Built 1960
- Date Updated Nov 14, 2024
Offered for sale or lease is a prime free-standing, ±2,012 SF retail building located on busy Central Avenue (Route 5). Currently occupied by Dunkin Donuts with a drive-through. Current tenant lease expires August 2025.
+ Highly visible location at a traffic light
+ ±0.33 acre site
+ ±14 parking spaces
+ 26,139 AADT (2023)
+ Perfect for retail, office or additional dining concepts
+ Substantial foot and vehicle traffic
Reach out to the broker for more info on lease terms and amenities
Attachments
Getting around
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68/100
Walk Score ®
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46/100
Transit Score ®
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45/100
Bike Score ®
Location
- City Albany, NY
- Neighborhood Upper Washington
- Zip Code 12205
- Market Albany
Points of Interest
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Rensselaer Rail Station Taxi Stand
4.19 miles
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Albany International Airport Taxi Stand
4.20 miles
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Exxon
0.35 miles
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Cumberland Farms
0.58 miles
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Sunoco
0.62 miles
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Speedway
0.63 miles
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ShopRite
0.97 miles
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Mobil
1.42 miles
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Market 32
1.49 miles
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Tesla Supercharger
2.05 miles
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ChargeSmart
2.65 miles
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ChargePoint
4.29 miles
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Alexander at Patroon Creek Apartments Parking Garage
0.47 miles
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Lot P
0.62 miles
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Lot O
0.62 miles
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Lot N
0.66 miles
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Lot A
0.68 miles
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Lot M
0.69 miles
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Lot L
0.79 miles
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Lot B
0.81 miles
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Lot Y
0.82 miles
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Lot K
0.84 miles
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Dunkin'
0.00 miles
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Lucky Garden
0.09 miles
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Taco Bell
0.12 miles
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Capital Thai
0.12 miles
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Little Caesars
0.16 miles
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McDonald's
0.18 miles
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Little Anthony's
0.23 miles
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Chick-fil-A
0.36 miles
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Margarita City Mexican Grill And Bar
0.38 miles
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Pizza Central
0.42 miles
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Asian Food Market
0.41 miles
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Hannaford
0.47 miles
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Market 32
0.85 miles
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Honest Weight Food Co-op
0.90 miles
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Asian Supermarket
1.05 miles
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India Bazaar
1.43 miles
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Boscov's
1.92 miles
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Price Chopper
1.94 miles
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Target
1.95 miles
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Colonie Center
1.97 miles
1038 Central Ave Listing Brief
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A property’s location contributes to the asking rent almost as much as its characteristics do. For instance, central urban locations with high walkability or suburban locations with ample parking and easy access by car will claim higher rents but offer superior access to your customer base. Likewise, the quality of the building systems and property finishes have a significant impact on how businesses can conduct their activity there, as well as on the experience of their customers.
1038 Central Ave is located in Upper Washington, which is home to a total of 1 listing(s). Retail space at 1038 Central Ave asks $29.50/SF/YR per square foot.
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The property includes 2,012 square feet of retail space for lease. Of this total, 2,012 square feet are Retail.
Lease agreement conditions for the availability at this property include NNN.
For more information or to schedule a tour of the property, use the convenient contact form on this page to get in touch with a representative.
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You should keep in mind that different areas gradually build a reputation as hotspots or desirable corridors for shopping, eating, or other entertainment and consumer activities. So, while renting retail space in an area with a well-established high-end reputation might mean more customers that are more willing to spend, it will also place you in a more competitive environment.
Knowing your ideal customer is essential. For your consideration, the average age of residents in Upper Washington is 39. The average household income here is $60,408 per year.
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.
CBRE Upstate NY
