Former Rite Aid

The area surrounding the Former Rite Aid offers a prime location within Troy’s main commercial corridor, delivering high traffic counts and strong market visibility. The location is supported by a diverse tenant mix, including national brands, independent retailers, restaurants, and service providers. Major area generators such as Rensselaer Polytechnic Institute (over 7,500 students and faculty) and Samaritan Hospital (277 Beds) drive consistent daily activity. Additional traffic stems from nearby office uses, civic institutions, and downtown events at Monument Square. Fulton Street’s farmers market and River Street’s dining and retail scene enhance pedestrian flow, creating a stable and active trade area ideal for retail or free-standing building operations.Available for sale or lease, 272 Hoosick Street is a 14,659 square foot freestanding retail building located in Troy, NY 12180. Built in 2009 and formerly occupied by Rite Aid, the property is zoned CC (Commercial Corridor) and offers a flexible layout suitable for a variety of retail uses. Lease options include single tenant occupancy, reconfiguration for multiple tenants, or two retail pads available for ground lease on the 1.51 acre lot. The building features high ceilings, strong visibility, a clean exterior, and ample on-site parking. This is a solid opportunity for investors or users seeking a well-located retail property with multiple development paths.Available for sale or lease, 272 Hoosick Street is a 14,659 square foot freestanding retail building located in Troy, NY 12180. Built in 2009 and formerly occupied by Rite Aid, the property is zoned CC (Commercial Corridor) and offers a flexible layout suitable for a variety of retail uses. Lease options include single tenant occupancy, reconfiguration for multiple tenants, or two retail pads available for ground lease on the 1.6 acre lot. The building features high ceilings, strong visibility, a clean exterior, and ample on-site parking. This is a solid opportunity for investors or users seeking a well-located retail property with multiple development paths.