Family Dollar Plaza

2609 2nd Avenue, Watervliet, NY 12189

Property Information

  • For Lease $12.00/SF/YR
  • Property Type Retail - Strip
  • Property Size 20,125 SF
  • Lot Size 2.3 Acre
  • Year Built 1972
  • Date Updated May 15, 2026

Description

Shopping Plaza in Watervliet with quick access to 787 and neighboring communities.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.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.

Highlights

  • 8,700 SF available
  • Easy access to I-787
  • Family Dollar location is ranked in the top 200 stores in the country (Placer AI)
  • Family Dollar long standing tenant with strong historical sales
  • Long-established retail corridor
  • New parking lot

1 Space Available

Suite 2

Space Type

Strip

Lease Rate

$12.00/SF/YR

Total Space

8,775 SF

Divisible Space

8,775 - 8,775 SF

Available Date

Immediate

Lease Type

NNN

Renewal Option

Yes

Sublease

No

Contacts

Ben Feinman

Vanguard-Fine

Location

Located at 2609 2nd Avenue, Watervliet, NY 12189, this property is part of the Latham neighborhood and Albany market.

Contact Listing Broker
Ben Feinman

Vanguard-Fine

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