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Flex Space with Drive-In Access
For Lease
$10 SF/Yr

10 Petra Lane #Suite B, Colonie, NY 12205

Office and warehouse areas are paired with three-phase electrical service and on-site parking.

Space SizeContact for details
Property Size10,872 SF
Days on Market998

Property Features for 10 Petra Lane #Suite B

General Information

Standard status Active
Size 10,872 SF
Total Parking Spaces 33
Zoning Commercial

Taxes and HOA fees

Annual Taxes $18,376

Building Details

Building Size 10,872 SF
Year Built 1992
Buildings 1
Stories 1
Listing Agency: Coldwell Banker Prime Properties
Listed By: Mary M Chiera
Source: Chadmajewski
Added: Feb 12, 2024 Changed: Nov 4 Last Checked: Nov 4 at 2:51PM

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 Coldwell Banker Prime Properties

Rey
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Investment Insights

Based on property information with market context.

This 7,488-square-foot flex space combines office and warehouse areas in a steel building constructed in 1992. Drive-in access is provided through overhead doors with 14-foot clearance. The property is available for immediate occupancy.

The site is just off major highways and near Central Avenue. Electrical service includes three-phase power at 400 amps and 240 volts, with a 33-space parking lot serving the building.

Key Highlights

  • 7,488 sq ft of available office and warehouse space
  • Steel building constructed in 1992
  • Drive‑in access with 14 ft high overhead doors

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Adirondack Cabling and Security Security Service

Suggested Use

Top Pick Restaurant Parking Lot & Garage Furniture & Home Goods Auto Parts Store Storage Facility Grocery & Convenience 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
$1.50 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

350
Businesses Nearby
Well-served
Demand for This Use

Demographics for 12205, NY

27,168
Population
12,061
Households
2.3
Avg Household Size
45
Median Age
36%
College-Educated
94%
High-School Grad
15.4 sq mi
ZIP Area
1,764
Density / Sq Mi
$89,270
Median Household Income
$54,184
Median Earnings
$1,405
Median Rent
$264,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Colonie, NY

$12.23 /SF/Yr
Avg Asking Price
$7.95–$21 /SF/Yr
Price Range
12,414 SF
Avg Space Size

This space is priced 18% below the average of $12.23 /SF/Yr.

Vacancy Rate% for Industrial in Northeast region

5.4% 2019
4.6% 2020
3.2% 2021
3.3% 2022
5.3% 2023
6.6% 2024
7.6% 2025

Similar Off Market Nearby

  • Sodexo — 220 washington ave ext unit 6, albany, ny 12203
  • Big Kahoona Picnic Co — 2 Petra Ln, Colonie, NY 12205
  • 9 Spices Indian Cuisine & Bar (Albany) — 1614 Central Ave, Colonie, NY 12205

Frequently Asked Questions

What type of property is this?
Flex space - Office and warehouse areas are paired with three-phase electrical service and on-site parking.
Where is this flex space located?
The property is located at 10 Petra Lane #Suite B Colonie, NY.
What is the lease rate?
The lease rate is $10 SF/Yr.
What are key features of this property?
This property features: 7,488 sq ft of available office and warehouse space; Steel building constructed in 1992; Drive‑in access with 14 ft high overhead doors
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