Listing Agency: Vanguard-Fine, LLC p***@vanguardfine.com Show Phone

Listed By: Paul Bulmer · License #30BU0949739 Show Phone

Source: Moodyscre

Added: Apr 19, 2024 Changed: Jul 6 Last Checked: Jul 21 at 8:44AM

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Investment Insights

Based on property information with market context.

This property offers flex space available for rent, with the owner/contractor prepared to build between 5,000 and 10,000 square feet. The location provides convenient access to I-87 and is just minutes from Luther Forest. Neighboring tenants include Bast Hatfield Construction, Unite Rentals, H.T. Lyons Mechanical Contractors, and Stenner Pumps. The property size is 10000 square feet.

Key Highlights

• Shovel‑ready for construction of 5,000‑10,000 SF flex space.
• Easy access to Luther Forest.
• Minutes from I‑87.

Property Analytics

Property Profile

Current Use

Flex space

Suggested Use

Top Pick Building Supply Law Firm Dental Office Big Box & Wholesale Store HVAC Service Kitchen & Bath Showroom

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

$1.65 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

138

Businesses Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Market

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

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this flex space located? What is the lease rate? Find similar properties ... What are key features of this property?

Ask Rey about this property ...

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Frequently Asked Questions

What type of property is this?

Flex space - Flex space available for rent near I-87 and Luther Forest.

Where is this flex space located?

The property is located at 5 Rexford Way Halfmoon, NY.

What is the lease rate?

The lease rate is $11 SF/Yr.

What are key features of this property?

This property features: Shovel‑ready for construction of 5,000‑10,000 SF flex space.; Easy access to Luther Forest.; Minutes from I‑87.