Colonie Plaza Shopping Center

1892 Central Avenue, Colonie, NY
Deal Type:
Cap Rate:
Current Rent:
Building Sq. Ft.:
153,483 SF
Site Size:
17.69 Acres

Investment Highlights

  • Price Chopper has approximately 40 years of historical occupancy at Colonie Plaza and moved into a new, larger format store in 2009
  • Asset includes a freestanding KeyBank ground lease with strong deposits and 10 years of lease term remaining
  • Big Lots is MTM paying a well below market rent, providing an investor with the opportunity to re-tenant in the future at market rents/lease structure
  • Signalized egress/ingress along Central Ave. (28,000 VPD) with prominent pylon signage
  • Affluent consumer base with average household incomes of $127,000 within 3 miles

Listing Agents

Graham Gold

Vice President
203 610 1541
[email protected]
phil digennaro stream capital partners

Phil DiGennaro

Managing Director
314 324 8792
[email protected]

Connor Shell

Managing Director
407 913 9009
[email protected]

Alex Kutikov, NY Lic: 10491209021


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