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Latham Center 221-231 Wade Rd Ext 1,517 - 3,277 SF of Retail Space Available in Latham, NY 12110
HIGHLIGHTS
- Easy access to Interstate 87 (Adirondack Northway, which leads to Montreal, Boston, New York City, and Buffalo) and NYS Rt.7
- Easily accessible for more than 473,000 people who reside within 10 miles
- Strategically situated in the heart of the Capital District
- Approximate Average Regional Population: 1.17 Million
SPACE AVAILABILITY (2)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,760 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 1st Floor | 1,517 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
231 Wade Road Ext - 1st Floor
231 Wade Road Ext - 1st Floor
- Central Air Conditioning
- Private Restrooms
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.
SITE PLAN
SELECT TENANTS AT LATHAM CENTER
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Aspen Dental
- MD/DDS
- 1,458
- National
- Devito Insurance Agency
- Insurance
- 4,228
- National
- Dover Saddlery
- Sporting Goods
- 39
- National
- Euro Deli and Market
- Gourmet Market
- 1
- Local
- Palazzo Nail Spa
- Nail Salon
- 1
- Local
- Supercuts
- Salon/Barber/Spa
- 3,812
- International
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Aspen Dental | MD/DDS | 1,458 | National |
| Devito Insurance Agency | Insurance | 4,228 | National |
| Dover Saddlery | Sporting Goods | 39 | National |
| Euro Deli and Market | Gourmet Market | 1 | Local |
| Palazzo Nail Spa | Nail Salon | 1 | Local |
| Supercuts | Salon/Barber/Spa | 3,812 | International |
PROPERTY FACTS
| Total Space Available | 3,277 SF | Frontage | 79’ on Troy Schenectady Road |
| Center Type | Community Center | Gross Leasable Area | 248,973 SF |
| Parking | 1771 Spaces | Total Land Area | 43.45 AC |
| Stores | 15 | Year Built | 2004 |
| Center Properties | 3 |
| Total Space Available | 3,277 SF |
| Center Type | Community Center |
| Parking | 1771 Spaces |
| Stores | 15 |
| Center Properties | 3 |
| Frontage | 79’ on Troy Schenectady Road |
| Gross Leasable Area | 248,973 SF |
| Total Land Area | 43.45 AC |
| Year Built | 2004 |
ABOUT THE PROPERTY
Strategically situated in the heart of the Capital District, the Latham Center is easily accessible for the more than 473,000 people who reside within 10 miles. Population growth continues and tourism flourishes as the Albany area attracts over $160 million in tourist business annually. It is no surprise that the Latham Center has steadily added tenants since its opening in the fall of 2004. The 46-acre site offers 300,000 square feet of space, with 1,700 feet of road frontage directly on the well-traveled I-87. Commercially zoned, choose Land Lease or Build to Suit opportunities.
- 24 Hour Access
- Corner Lot
- Dedicated Turn Lane
- Freeway Visibility
- Property Manager on Site
- Pylon Sign
- Signage
- Signalized Intersection
- Tenant Controlled HVAC
- Monument Signage
- Air Conditioning
NEARBY MAJOR RETAILERS
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Latham Center | 221-231 Wade Rd Ext
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