Office and Warehouse Suites
For Lease
Contact for pricing
107 Hermes Rd, Ballston Spa, NY 12020
Multiple office and warehouse suites available for lease.
Space Size2,398 SF - 6,686 SF
Lot Size6.00 Acres
Days on Market445
Property Features for 107 Hermes Rd
General Information
Standard status
Active
Size
2,398 SF - 6,686 SF
Lot size
6.00 Acres
Property subtype
OFFICE
Lease Type
NNN
Spaces For Lease
at 107 Hermes Rd Contact us107 Hermes Rd $11.75/SF/Yr
Floor
2
Size
6,686 SF
Type
OFFICE
Lease Type
NNN
Availability
AVAILABLE, Now
Sublease
No
- NYSERDA’s Saratoga Technology + Energy Park® (STEP®) is a 280-acre site located in Malta, New York, adjacent to GlobalFoundries
- Contact Listing Broker for availability
- ±6 acre site
- Some suites are Start-Up NY approved
- In close proximity to Luther Forest Technology Campus
- Warehouse space is ±28’ clear with one (1) overhead door
- Elevated levels of gas and 4,000 amp 277/480 volt 3 phase power for electric
- 2026 NNN est @ $5.35/RSF
Contact us 107 Hermes Rd $15.50/SF/Yr
Floor
2
Size
4,650 SF
Type
OFFICE
Lease Type
NNN
Availability
AVAILABLE, Now
Sublease
No
- NYSERDA’s Saratoga Technology + Energy Park® (STEP®) is a 280-acre site located in Malta, New York, adjacent to GlobalFoundries
- Contact Listing Broker for availability
- ±6 acre site
- Some suites are Start-Up NY approved
- In close proximity to Luther Forest Technology Campus
- Warehouse space is ±28’ clear with one (1) overhead door
- Elevated levels of gas and 4,000 amp 277/480 volt 3 phase power for electric
- 2026 NNN est @ $5.35/RSF
Contact us 107 Hermes Rd $17.25/SF/Yr
Size
2,398 SF
Type
OFFICE
Lease Type
NNN
Availability
AVAILABLE, Now
Sublease
No
- NYSERDA’s Saratoga Technology + Energy Park® (STEP®) is a 280-acre site located in Malta, New York, adjacent to GlobalFoundries
- Contact Listing Broker for availability
- ±6 acre site
- Some suites are Start-Up NY approved
- In close proximity to Luther Forest Technology Campus
- Warehouse space is ±28’ clear with one (1) overhead door
- Elevated levels of gas and 4,000 amp 277/480 volt 3 phase power for electric
- 2026 NNN est @ $5.35/RSF
Contact us 107 Hermes Rd $17.25/SF/Yr
Size
3,000 SF
Type
OFFICE
Lease Type
NNN
Availability
AVAILABLE, Now
Sublease
No
- NYSERDA’s Saratoga Technology + Energy Park® (STEP®) is a 280-acre site located in Malta, New York, adjacent to GlobalFoundries
- Contact Listing Broker for availability
- ±6 acre site
- Some suites are Start-Up NY approved
- In close proximity to Luther Forest Technology Campus
- Warehouse space is ±28’ clear with one (1) overhead door
- Elevated levels of gas and 4,000 amp 277/480 volt 3 phase power for electric
- 2026 NNN est @ $5.35/RSF
Contact us
Listing Agency:
CBRE | Albany
(518) 452-2700
Listed By:
Laurie Tylenda · License #10301205946
(518) 429-6175
Source:
Moodyscre
Added: Jul 18, 2025
Changed: Sep 19
Last Checked: Oct 4 at 12:18PM
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.
Multiple office and warehouse suites are available for lease within a LEED Silver Certified building. The property is located on a ±6 acre site in Malta, New York, adjacent to GlobalFoundries, within NYSERDA’s Saratoga Technology + Energy Park® (STEP®), a 280-acre site. It is also in close proximity to Luther Forest Technology Campus. Available office suites range from ±2,398 RSF to ±8,758 RSF of contiguous space. Warehouse spaces are available, with the smaller bay featuring one overhead door and the larger bay offering double door access. Well dock or OHD can be added. The property features elevated levels of gas and 4,000 amp 277/480 volt 3 phase power for electric. Some suites are Start-Up NY approved. The 2025 NNN estimated rate is $5.34/RSF. The property is accessible from I-87 via exit 12, heading east on Route 67 into STEP and onto Hermes Road.
Key Highlights
- Flexible lease terms available for office and warehouse suites.
- Combine office suites for up to ±8,758 RSF of contiguous space.
- LEED Silver Certified building.
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
52
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 12020, NY
34,667
Population
15,787
Households
2.2
Avg Household Size
42
Median Age
43%
College-Educated
94%
High-School Grad
75.6 sq mi
ZIP Area
459
Density / Sq Mi
$101,727
Median Household Income
$59,730
Median Earnings
$1,562
Median Rent
$299,600
Median Home Value
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Market
Vacancy Rate% for Industrial in Northeast region
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Frequently Asked Questions
What type of property is this?
Flex space - Multiple office and warehouse suites available for lease.
Where is this flex space located?
The property is located at 107 Hermes Rd Ballston Spa, NY.
What is the lease rate?
The lease rate is $11.75 SF/Yr.
What are key features of this property?
This property features: Flexible lease terms available for office and warehouse suites.; Combine office suites for up to ±8,758 RSF of contiguous space.; LEED Silver Certified building.
