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539-541 Pawling Ave 3,000 - 17,000 SF of Office/Retail Space Available in Troy, NY 12180
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- CEILING
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor | 3,000-17,000 SF | 10’ | Negotiable | $11.00 /SF/YR $0.92 /SF/MO $187,000 /YR $15,583 /MO | Modified Gross |
539-541 Pawling Ave - 1st Floor
This 3,000 to 7,000 SF retail space, formerly occupied by CVS, is located within a bustling neighborhood shopping center on the border of Troy and Wynantskill, benefiting from a prime location with a daily traffic count of 13,193 cars. The store is an open raw space ideal for a variety of retail uses, healthcare, or service-oriented businesses. Ample on-site parking of 68 spaces. This is a NN lease with nets = +/-$3.90/SF.
- Listed rate may not include certain utilities, building services and property expenses
- Mostly Open Floor Plan Layout
- Finished Ceilings: 10’
- Partially Demolished Space
- Anchor Space
- Central Air and Heating
- Corner Space
- Drop Ceilings
- After Hours HVAC Available
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 | 17,000 SF | Center Properties | 1 |
| Min. Divisible | 3,000 SF | Frontage | 219’ on Pawling Ave |
| Center Type | Strip Center | Gross Leasable Area | 18,557 SF |
| Parking | 68 Spaces | Total Land Area | 1.14 AC |
| Stores | 1 | Year Built | 1941 |
| Total Space Available | 17,000 SF |
| Min. Divisible | 3,000 SF |
| Center Type | Strip Center |
| Parking | 68 Spaces |
| Stores | 1 |
| Center Properties | 1 |
| Frontage | 219’ on Pawling Ave |
| Gross Leasable Area | 18,557 SF |
| Total Land Area | 1.14 AC |
| Year Built | 1941 |
ABOUT THE PROPERTY
539 Pawling Avenue, Troy, NY is a highly visible retail center on the Troy/Wynantskill border. This flexible site offers a rare combination of accessibility, retail, office, medical-friendly zoning, and immediate access to strong residential and student populations. Property Highlights: • 3,000–17,000+/- SF (subdividable) • Ample on-site parking: 68-car lot • Ceiling height: 10+ ft • Public water/sewer • Daily traffic count: 13,193 VPD • Minutes from RPI, Russell Sage, and HVCC • Landlord offering substantial tenant improvement incentives
NEARBY MAJOR RETAILERS
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539-541 Pawling Ave
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