Walgreens - Troy, NY

For Sale

869 2nd Ave, Troy, NY 12182

This Troy property for sale is located at 869 2nd Ave. The general use of Walgreens - Troy, NY is retail and it incorporates 14,673 square feet of class C retail space. The current listed sale price for Walgreens - Troy, NY is $6,021,140. Walgreens - Troy, NY is situated on a lot that is 1.91 acre in size.

Contacts

broker
George Abro

Altitude Commercial Real Estate

Property Details

  • Property Type Retail - Freestanding
  • Property Size 14,673 SF
  • Units 1
  • Lot Size 1.91 Acre
  • Property Tenancy Single Tenant
  • Building Class C
  • Year Built 2008
  • Date Updated May 13, 2025
Prime infill retail location at the Southeast corner of 2nd Ave and 126th St, a 4-way signalized intersection. This property benefits from 11,000+ vehicles per day on the two major thoroughfares carrying Troy residents north-south and east-west. This asset benefits from convenient access points allowing right and left turns from both access points drawing in consumers on the morning and evening commutes. The property additionally benefits from retail synergies including adjacency to Hannaford and a myriad of additional national retailers including Dunkin Donuts, Pizza Hut, Subway, and Dollar Tree.Rare opportunity to purchase a freestanding building fully occupied by Walgreens on a NN lease structure with minimal Landlord responsibilities in Troy, NY. The property sits on a 1.91-acre plot settled against the Hudson River in an irreplaceable, infill location. This property services the immediate surrounding households of the suburb north of Albany. With 3.5 years of term remaining and four 5-year options to extend, this opportunity provides stable income and potential for yield increases upon renewal options being exercised.
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Highlights

  • 14,673 SF freestanding building on 1.91 acres
  • Built in 2008
  • 100% occupied since construction
  • NN Lease Structure with minimal Landlord responsibilities
  • Four 5-year options with 5% rent escalations
  • Flood Insurance Required

Getting around

  • 75/100

    Walk Score ®

  • 36/100

    Transit Score ®

  • 62/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Troy, NY
  • Zip Code 12182
  • Market Albany

Points of Interest

  • Albany International Airport Taxi Stand

    7.60 miles

  • Citgo

    0.05 miles

  • Valero

    0.42 miles

  • Stewart's

    0.44 miles

  • Sunoco

    0.89 miles

  • Mobil

    1.14 miles

  • Cumberland Farms

    1.25 miles

  • Gulf

    1.46 miles

  • A Plus

    1.60 miles

  • ChargePoint

    1.71 miles

  • ChargeSmart

    7.93 miles

  • Lock 3 Visitor Parking Area

    0.73 miles

  • Mohawk-Hudson Bike-Hike Trail

    2.46 miles

  • Grimm Building Materials

    3.64 miles

  • J Lot

    3.79 miles

  • North Lot

    3.85 miles

  • Field House Lots

    3.87 miles

  • Field House D Lot

    3.88 miles

  • West Lot

    3.89 miles

  • Field House E Lot

    3.91 miles

  • Admissions Visitors Parking

    3.93 miles

  • Dunkin'

    0.18 miles

  • New Bejing Restaurant

    0.18 miles

  • Subway

    0.18 miles

  • Pizza Hut

    0.21 miles

  • Testos

    0.21 miles

  • The Twisted Kitchen

    0.26 miles

  • Dinky Dogs

    0.31 miles

  • The Angry Penguin Tavern

    0.34 miles

  • Don & Paul’s Coffee Shop

    0.39 miles

  • LaBella Pizza

    0.40 miles

  • Hannaford

    0.13 miles

  • Food Circus

    1.21 miles

  • Price Chopper

    2.11 miles

  • Bargain Grocery

    3.32 miles

  • Walmart Supercenter

    3.35 miles

  • ALDI

    3.36 miles

  • Save-A-Lot

    3.42 miles

  • Big Lots

    3.42 miles

  • Peebles

    3.43 miles

  • Market 32

    3.46 miles

In-Depth Research Available for this Property

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.

Contact Listing Broker
broker
George Abro

Altitude Commercial Real Estate

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