603 Queensbury Avenue is the ideal destination for investors in Queensbury, New York. The single-story, 120,000-square-foot industrial facility is situated on a gracious 18-acre lot. Constructed in 1988, the building is zoned for Light Industrial (LI) use, accommodating a variety of industrial operations. The property features ample parking, two drive-in doors, and eight dock doors, facilitating efficient loading and unloading processes. The expansive lot size offers potential for future expansion or additional development.
The current tenant, Angiodynamics Inc., recently signed a seven-year NNN lease with a term through December 31, 2032. Established in 1988 as a division of E-Z-EM, Angiodynamics is a company defined by its innovation and growth as a committed medical community partner with a focus on developing high-quality medical devices that improve patient outcomes. New owners can continue to collect rent on the property and utilize the time until the completion of the lease to secure the next tenant.
Queensbury is located in the Glens Falls, New York, metro area, which offers a diverse commercial real estate market with opportunities in retail, office, and industrial spaces. The city benefits from a strong economic base in healthcare, education, and tourism, and its affordable lease rates make it attractive for small businesses. The downtown area is seeing growth, with redevelopment projects enhancing its appeal. Industrial properties are in demand due to the city’s location near major transport routes. Overall, Glens Falls is an attractive market for businesses and investors seeking affordable spaces with growth potential.
603 Queensbury Avenue benefits from excellent positioning near the interstate with an added level of privacy. Just 17 minutes to Interstate 87 tenants and buyers can enjoy major conveniences. This property maximizes same-day tasks and logistics, enhancing your business's operational capabilities. The property is directly next to The Floyd Bennett Memorial Airport (GFL), allowing for easy distribution. There are many conveniences within a quick driving distance from retailers to restaurants. Several hotels, car dealerships, Walmart Supercenter, The Home Depot, Denny’s, Target, and many other amenities are nearby.
603 Queensbury Avenue presents investors with the premier purchase in Upstate New York.
Property tours are available by appointment only. Please contact the listing broker to schedule.