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REO Sale: 100% Leased Dual-Tenant Retail | Latham, NY

$800,000

801 Loudon Road, Latham, NY 12110

Active
Last Updated: 06/22/2026

17,325 sqft

Building Size

1.5 acres

Lot Area

Details:
Building Size:    17,325 sqft
Lot Area:    1.5 acres
Occupancy:    100%
Year Built:    1970
Highlights:
  • Prime I-87 Frontage in Metro Albany — Positioned along I-87 with 82,925 vehicles per day and direct Route 9 corridor access.
  • 17,235 SF Dual-Building Retail Center — Two side-by-side structures on 1.5 acres with 52 parking spaces and an 8-bay service garage.
  • 100% Occupied by Two National Tenants — Dollar Tree and Goodyear are fully in-place at a blended rent of $13.61 PSF with NNN leases.
  • Dollar Tree Below-Market Rent Upside — Dollar Tree's $11.50 PSF rent trails a $15.00 market rate, with three 5-year renewal options.
  • Long-Term Goodyear Tenancy Since 1994 — Goodyear has operated at this location for 30+ years with a lease running through January 2035.
  • Adjacent to Latham Farms Power Center — A 900,000 SF retail hub anchored by Sam's Club, Home Depot, Hannaford, and Dick's Sporting Goods.
Description:

RealINSIGHT Marketplace, in partnership with Atlantic Capital Partners, is pleased to present 801 Loudon Road, a 17,235 SF two-tenant retail center located in Latham, New York at the entrance to one of Metro Albany's most active retail corridors. The property consists of two side-by-side structures on a 1.5-acre site, 100% leased to Dollar Tree (12,000 SF; lease through February 2029) and Goodyear (5,235 SF; lease through January 2035), generating a blended in-place rent of $13.61 PSF. Goodyear has occupied the site since 1994 with an 8-bay automotive service facility, while Dollar Tree holds three 5-year renewal options at stepped rates trailing the $15.00 PSF market rent. Positioned along US Route 9 with direct I-87 exposure carrying 82,925 vehicles per day, the asset sits at the entrance to Latham Farms, a 900,000 SF power center anchored by Sam's Club, Home Depot, and Dick's Sporting Goods. The trade area supports 47,717 residents within 3 miles at $121,422 average household income and 164,136 residents within 5 miles, underpinned by the Greater Albany MSA's 538,800-employee workforce and $65B GDP.


For more information:
https://rimarketplace.com/auction/3247/retail/latham/ny?utm_source=brevitas&utm_medium=listing_free&utm_campaign=july15_2026&utm_content=retail_3247

Bidding Opens
Jul 14, 2026 12:00 AM
Bidding Ends
Jul 16, 2026 12:00 AM

Map:
Location
Gallery