- 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
True
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