New Industrial Building For
For Lease
$11 SF/Yr
40 Reading Road, Watervliet, NY 12189
To-be-built industrial building in Lincoln Business Park available for lease.
Property Size60,000 SF
Days on Market251
Property Features for 40 Reading Road
General Information
Standard status
Active
Size
60,000 SF
Property subtype
Industrial
Listing Agency:
CBRE | Albany
(518) 312-7171
Listed By:
Dan Davitt · License #Associate Real Estate Broker
(518) 312-7171
Source:
Cbre
Added: Nov 22, 2025
Changed: Jul 6
Last Checked: Jul 30 at 3:38AM
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.
Offered for lease is a to-be-built industrial building within Lincoln Business Park. This Class A industrial pre-engineered building offers approximately 60,000 square feet of space and is demisable to approximately 20,000 square feet. The location is suitable for distribution, manufacturing, and logistic warehouse operations. The property has convenient connectivity to multiple interstate routes I-87 and I-90. The site is located at the corner of Lincoln Avenue and First Street in an industrial park. From I-787, take the Route 378 exit to North Broadway for 4/10th of a mile, then turn left on First Street; the site is on the right.
Key Highlights
- Class A industrial building, demisable to ±20,000 SF (total ±60,000 SF available).
- Excellent location for distribution, manufacturing, and logistic warehouse operations.
- Convenient connectivity to I‑87 and I‑90.
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$1.65 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
140
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 12189, NY
18,970
Population
9,887
Households
1.9
Avg Household Size
39
Median Age
27%
College-Educated
92%
High-School Grad
6.2 sq mi
ZIP Area
3,060
Density / Sq Mi
$62,763
Median Household Income
$48,555
Median Earnings
$1,084
Median Rent
$199,600
Median Home Value
Market
Lease Benchmarks for Watervliet, NY
$8.46 /SF/Yr
Avg Asking Price
$5.5–$12 /SF/Yr
Price Range
96,992 SF
Avg Space Size
This space is priced 30% above the average of $8.46 /SF/Yr.
Vacancy Rate% for Industrial in Northeast region
Questions? Ask Rey
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Similar Off Market Nearby
- Omg Movers LLC — 30 Lake Shore Dr, Watervliet, NY 12189
Frequently Asked Questions
What type of property is this?
Warehouse - To-be-built industrial building in Lincoln Business Park available for lease.
Where is this warehouse located?
The property is located at 40 Reading Road Watervliet, NY.
What is the lease rate?
The lease rate is $11 SF/Yr.
What are key features of this property?
This property features: Class A industrial building, demisable to ±20,000 SF (total ±60,000 SF available).; Excellent location for distribution, manufacturing, and logistic warehouse operations.; Convenient connectivity to I‑87 and I‑90.
