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20 Wolf Rd

12,801 SF of Retail Space Available in Albany, NY 12205

Highlights

  • 12,000 +/- square feet of space available with options to divide or expand the building. on a 2.1
  • Ideal for retail, professional, recreation, or medical use in a desirable end-cap with excellent Wolf Road frontage and highway visibility.
  • Reach the property within a 12-mile drive from downtown Albany, and enjoy ample parking and space for large marquee signage.
  • Renovations completed as recently as 2020 with an updated façade, brand-new electric service, and upgraded bathrooms and HVAC systems.
  • Located directly across from Colonie Center regional shopping mall with hassle-free access to Route 5 and I-87 and I-90.
  • Total consumer spending exceeded $1.7B in 2020 from a total of 168K residents living within a five-mile radius and a total daytime population of 184K.

Space Availability (1)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Rent Type
  • 1st Floor
  • 12,801 SF
  • Negotiable
  • $12.75 /SF/YR $1.06 /SF/MO $163,213 /YR $13,601 /MO
  • Net
Space Use
Retail
Condition
Partial Build-Out
Availability
Now

Ideal for retail, recreation, medical or professional use. Located at the Traffic light of Colonie Center Mall West Side of Wolf Road. Excellent Parking.

  • Lease rate does not include certain property expenses
  • Partially Built-Out as Standard Retail Space
  • Highly Desirable End Cap Space
  • Anchor Space
  • Central Air and Heating
  • Drop Ceilings
  • Recessed Lighting
  • Emergency Lighting
  • After Hours HVAC Available
  • Acorss from Colonie Center Mall, Min to Thruway
Space Size Term Rental Rate Rent Type
1st Floor 12,801 SF Negotiable $12.75 /SF/YR $1.06 /SF/MO $163,213 /YR $13,601 /MO Net

1st Floor

Size
12,801 SF
Term
Negotiable
Rental Rate
$12.75 /SF/YR $1.06 /SF/MO $163,213 /YR $13,601 /MO
Rent Type
Net
Space Use
Retail
Condition
Partial Build-Out
Availability
Now

Ideal for retail, recreation, medical or professional use. Located at the Traffic light of Colonie Center Mall West Side of Wolf Road. Excellent Parking.

  • Lease rate does not include certain property expenses
  • Partially Built-Out as Standard Retail Space
  • Highly Desirable End Cap Space
  • Anchor Space
  • Central Air and Heating
  • Drop Ceilings
  • Recessed Lighting
  • Emergency Lighting
  • After Hours HVAC Available
  • Acorss from Colonie Center Mall, Min to Thruway

Rent Types


The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.

1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.

2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.

3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.

4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.

5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.

6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.

7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.

SELECT TENANTS AT 20 Wolf Rd, Albany, NY 12205

  • Tenant
  • Description
  • US Locations
  • Reach
  • Casual Male XL
  • Men's Apparel
  • 343
  • International
Tenant Description US Locations Reach
Casual Male XL Men's Apparel 343 International

PROPERTY FACTS FOR 20 Wolf Rd , Albany, NY 12205

Property Type Retail
Property Subtype Freestanding
Gross Leasable Area 30,000 SF
Year Built/Renovated 1975/2020

About the Property

20 Wolf Road is a 30,000-square-foot, freestanding retail building located in the heart of New York's Capital Region. The building is situated on a 2.1-acre lot directly across from the Colonie Center regional shopping mall, anchored by Boscov's, Macy's, Regal Cinemas, and Whole Foods Market. Access the property through the traffic light, and enjoy excellent frontage and visibility from Wolf Road. Originally built in 1975, the building has completed several ongoing renovations as recently as mid-2020 with an updated façade, new electric service, and upgraded bathrooms and HVAC systems. Additional property amenities include ample surface-level parking, marquee signage space on the building, and drop ceilings and recessed lighting throughout the interior. This extremely versatile property is ideal for retail, recreation, medical, and professional use with 12,801 square feet +/- currently available with possibility to expand the building. 168,493 residents live within a five-mile radius, with total consumer spending surpassing $1.7 billion in 2020. Conveniently located, 20 Wolf Road is easily accessible from Route 5 and Interstates 87 and 90. Reach Downtown Albany in less than a 20-minute drive from the property, and enjoy proximity to major hospitality, entertainment, dining, and shopping options. WILL DIVIDE

  • Corner Lot
  • Freeway Visibility
  • Signage
  • Recessed Lighting

Nearby Major Retailers

Trustco Bank
Trader Joe's
Chili's Grill & Bar
Hooters
NBT Bank
Mission BBQ
Citizens Bank
BJ's Restaurant & Brewhouse
The Coffee Bean & Tea Leaf
Whole Foods Market
  • Listing ID: 22302591

  • Date on Market: 2/22/2021

  • Last Updated:

  • Address: 20 Wolf Rd, Albany, NY 12205

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