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Two-Story Professional Office Building
For Lease
$16 SF/Yr

1 Columbia Circle, Albany, NY 12203

Various suite sizes are available for lease within the office park.

Space SizeContact for details
Days on Market90

Property Features for 1 Columbia Circle

General Information

Standard status Active
Property subtype Office
Listing Agency: CBRE - Albany
Listed By: Tom Savino · License #Associate Real Estate Broker
Source: Cbre
Added: Jun 2 Changed: Aug 30 Last Checked: Aug 30 at 1:39PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE - Albany

Investment Insights

Based on property information with market context.

The property is a two-story professional office building totaling approximately 68,872 square feet, with about 34,000 square feet on each floor. Multiple suite configurations are available for lease.

Located at 1 Columbia Circle in Albany, New York, the building is part of Corporate Plaza Office Park and offers office space for businesses seeking a professional setting.

Key Highlights

  • Approximately 68,872 SF of professional office space
  • Two‑story building with about 34,000 SF per floor
  • Various suite sizes available for lease

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Locksmith Building Supply Daycare Center Butcher Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$2.40 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

976
Businesses Nearby

Demographics for 12203, NY

28,210
Population
14,755
Households
1.9
Avg Household Size
38
Median Age
54%
College-Educated
95%
High-School Grad
10.4 sq mi
ZIP Area
2,713
Density / Sq Mi
$80,055
Median Household Income
$44,412
Median Earnings
$1,342
Median Rent
$258,800
Median Home Value

Market

Lease Benchmarks for Albany, NY

$16.98 /SF/Yr
Avg Asking Price
$13–$22.66 /SF/Yr
Price Range
51,728 SF
Avg Space Size

This space is priced 6% below the average of $16.98 /SF/Yr.

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Various suite sizes are available for lease within the office park.
Where is this office building located?
The property is located at 1 Columbia Circle Albany, NY.
What is the lease rate?
The lease rate is $16 SF/Yr.
What are key features of this property?
This property features: Approximately 68,872 SF of professional office space; Two‑story building with about 34,000 SF per floor; Various suite sizes available for lease
More about this property
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