Colonie, NY Conventional Restaurants for Lease
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Colonie, NY Conventional restaurants Lease Rates & Market Statistics
Browse 10 Conventional restaurants for lease in Colonie, NY on Realmo, a commercial real estate marketplace serving the Colonie area. The current inventory totals 174,272 square feet of properties — an average of ~17,450 SF per listing.
Asking lease rates for Conventional restaurants in Colonie start at $2.91 SF/Yr, average $14.98 SF/Yr, and reach $39.12 SF/Yr at the top of the market. That's a 13x spread between entry-level and premium space, making side-by-side comparison of asking rents and lease terms essential. The local average of $14.98 SF/Yr is 78% below the New York state average of $69.67 SF/Yr.
Colonie accounts for 77% of the 13 conventional restaurants currently available across Albany County, where nearby markets include Albany and Cohoes. Conventional restaurants make up 48% of the 21 Restaurants currently for lease in Colonie, with asking rates averaging $14.98 SF/Yr — 10% above the citywide Restaurants average of $13.65 SF/Yr. Also worth a look for tenants weighing alternatives: Coffee shops (6 listings) and Bars & Pubs (5 listings) elsewhere in the Colonie market.