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Highlights

  • Mill Town Centre is the Town of Milton’s first mixed-use development, bringing together residential, retail, and office uses.
  • The 32-acre master-planned development is designed to include 507 apartment units, five mixed-use buildings with ground-floor commercial space.
  • Residents and visitors benefit from convenient access to downtown Ballston Spa, downtown Saratoga Springs, Saratoga Race Course.
  • Positioned in the heart of Milton, the project is surrounded by established retailers, restaurants, service businesses including Hannaford, Stewart
  • Mixed-use buildings combine residential and commercial activity, creating a built-in customer base and consistent daily traffic.
  • Phase I is currently under construction and includes residential buildings, mixed-use buildings, a clubhouse, a pool, resident amenities.

Space Availability (1)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Rent Type
  • 1st Floor
  • 1,000-9,000 SF
  • Negotiable
  • $25.00 /SF/YR $2.08 /SF/MO $225,000 /YR $18,750 /MO
  • Triple Net (NNN)
Space Use
Retail
Build-Out
Full Build-Out
Availability
May 01, 2027

This first-floor retail space offers an opportunity within Mill Town Centre, a new mixed-use development currently under construction in the Town of Milton. The space is planned for retail occupancy and benefits from a full-floor layout that can accommodate a variety of customer-facing business concepts. Occupancy timing is aligned with project delivery, and lease terms are negotiable. The space will be part of a mixed-use environment featuring residential units and complementary commercial uses designed to support daily customer activity.

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Standard Retail Space
  • Space is an outparcel at this property
  • High End Trophy Space
  • Anchor Space
  • Corner Space
  • Secure Storage
  • Demised WC facilities
  • Display Window
  • Town of Milton's first mixed-use development.
  • 32-acre development
  • 5 mixed-use buildings with ground-floor commercial
  • 3 Pad sites
  • Phase I is currently under construction
  • Anticipated delivery for Phase I is Spring 2027.
Space Size Term Rental Rate Rent Type
1st Floor 1,000-9,000 SF Negotiable $25.00 /SF/YR $2.08 /SF/MO $225,000 /YR $18,750 /MO Triple Net (NNN)

1st Floor

Size
1,000-9,000 SF
Term
Negotiable
Rental Rate
$25.00 /SF/YR $2.08 /SF/MO $225,000 /YR $18,750 /MO
Rent Type
Triple Net (NNN)
Space Use
Retail
Build-Out
Full Build-Out
Availability
May 01, 2027

This first-floor retail space offers an opportunity within Mill Town Centre, a new mixed-use development currently under construction in the Town of Milton. The space is planned for retail occupancy and benefits from a full-floor layout that can accommodate a variety of customer-facing business concepts. Occupancy timing is aligned with project delivery, and lease terms are negotiable. The space will be part of a mixed-use environment featuring residential units and complementary commercial uses designed to support daily customer activity.

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Standard Retail Space
  • Space is an outparcel at this property
  • High End Trophy Space
  • Anchor Space
  • Corner Space
  • Secure Storage
  • Demised WC facilities
  • Display Window
  • Town of Milton's first mixed-use development.
  • 32-acre development
  • 5 mixed-use buildings with ground-floor commercial
  • 3 Pad sites
  • Phase I is currently under construction
  • Anticipated delivery for Phase I is Spring 2027.

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.

Property Facts

Total Space Available 9,000 SF
Min. Divisible 1,000 SF
Property Type Retail
Gross Leasable Area 9,000 SF
Year Built 2027
Construction Status Under Construction

About the Property

Mill Town Centre is the Town of Milton's first mixed-use development, featuring residential, retail, and office space within a vibrant, walkable community. Ideally located in the heart of Milton, the development is near Hannaford, Stewart's Shops, McDonald's, Ace Hardware, Metabolic, and numerous other retailers, restaurants, and service-oriented businesses. The property is conveniently situated near downtown Ballston Spa, downtown Saratoga Springs, Saratoga Race Course, Saratoga Performing Arts Center (SPAC), and Saratoga Spa State Park. The 32-acre development will include 10 residential buildings totaling 507 apartment units, five mixed-use buildings with ground-floor commercial space, and three pad sites. Each mixed-use building contains approximately 9,000 square feet of commercial space and 20 apartment units, while the pad sites offer flexible footprints for a variety of uses. Phase I is currently under construction and consists of three residential buildings, two mixed-use buildings, and a clubhouse featuring a pool and resident amenities. The development also offers ample surface parking and convenient street parking for retail customers. Anticipated delivery for Phase I is Spring 2027.

Fairly walkable
40/100
Exceptionally drivable
100/100
Minimal public transit
10/100
Fairly bikeable
50/100

Nearby Major Retailers

Hannaford
TrustCo Bank
  • Listing ID: 41298878

  • Date on Market: 7/15/2026

  • Last Updated:

  • Address: 31 Trieble Ave, Ballston Spa, NY 12020

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