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2609 2nd Ave 8,775 SF of Retail Space Available in Watervliet, NY 12189
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 8,775 SF | Negotiable | $16.67 CAD/SF/YR $1.39 CAD/SF/MO $146,283 CAD/YR $12,190 CAD/MO | Triple Net (NNN) |
1st Floor
2609 2nd Avenue, Watervliet offers 8,775 SF available for lease within a well-established neighborhood retail plaza anchored by Family Dollar, one of the top-performing locations in the country. This highly visible center benefits from a strong draw from surrounding communities and convenient access to I-787, providing excellent regional connectivity. The available space is ideally positioned next to the long-term anchor tenant, making it well suited for neighborhood retail, service, or user-oriented businesses seeking steady traffic, strong co-tenancy, and a proven location.
- Lease rate does not include utilities, property expenses or building services
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 2609 2nd Ave, Watervliet, NY 12189
- Tenant
- Description
- US Locations
- Reach
- Family Dollar
- Dollar/Variety/Thrift
- 9,070
- National
- Tom & Jerry's Car Wash
- Services
- 1
- -
| Tenant | Description | US Locations | Reach |
| Family Dollar | Dollar/Variety/Thrift | 9,070 | National |
| Tom & Jerry's Car Wash | Services | 1 | - |
Property Facts
| Total Space Available | 8,775 SF | Gross Leasable Area | 17,408 SF |
| Property Type | Retail | Year Built | 1972 |
| Property Subtype | Freestanding | Parking Ratio | 2.13/1,000 SF |
| Total Space Available | 8,775 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 17,408 SF |
| Year Built | 1972 |
| Parking Ratio | 2.13/1,000 SF |
About the Property
2609 2nd Avenue, Watervliet offers a compelling value-add retail investment opportunity anchored by Family Dollar, one of the top-performing locations in the country. The property combines the stability of a strong national tenant with near-term upside through the lease-up of currently vacant space, allowing an investor to increase NOI and overall asset value. Located in a well-established neighborhood retail corridor with convenient access to I-787, the center benefits from consistent traffic, strong regional draw, and proven tenant performance. This is an ideal opportunity for investors seeking dependable cash flow today with meaningful growth potential through repositioning and leasing.
Nearby Major Retailers
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2609 2nd Ave
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