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Warehouse Space Near I-787
For Lease
$11 SF/Yr

37 Simmons Lane, Albany, NY 12207

Industrial/warehouse space on 24.51 acres, near I-787 entrance.

Space Size45,500 SF
Property Size80,600 SF
Days on Market293

Property Features for 37 Simmons Lane

General Information

Standard status Active
Size 45,500 SF
Property subtype Industrial/Warehouse
Lease Term $11 SF/yr (NNN)

Building Details

Building Size 80,600 SF

Spaces For Lease

at 37 Simmons Lane Contact us

BUILDING #1 $11/SF/Yr

Size
45,500 SF
Type
Office Warehouse
Term
Negotiable
Contact us
Listing Agency: Vanguard-Fine, LLC
Listed By: Paul Bulmer · License #30BU0949739
Source: Vanguardfine
Added: Nov 25, 2025 Changed: Sep 8 Last Checked: Sep 13 at 9:50AM

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 Vanguard-Fine, LLC

Investment Insights

Based on property information with market context.

This industrial/warehouse property offers up to 80,000 square feet of warehouse space on a 24.51-acre site. The location is approximately 1/3 mile from the I-787 entrance, providing excellent visibility from the interstate. The property is suitable for use as a distribution center.

Key Highlights

  • Up To 80,000 Square Feet of Warehouse Space
  • 24.51 Acre Site
  • 1/3 Mile From I‑787 Entrance

Property Analytics

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Current Use

Sherwin-Williams Commercial Paint ... Hardware & Home Improvement

Suggested Use

Top Pick Real Estate Agency Pharmacy Auto Parts Store Hair Salon Restaurant Storage Facility

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

308
Businesses Nearby
Balanced
Demand for This Use

Demographics for 12207, NY

2,399
Population
1,553
Households
1.5
Avg Household Size
37
Median Age
36%
College-Educated
90%
High-School Grad
1.0 sq mi
ZIP Area
2,399
Density / Sq Mi
$32,418
Median Household Income
$49,531
Median Earnings
$689
Median Rent
$242,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Albany, NY

$8.3 /SF/Yr
Avg Asking Price
$5.5–$14.2 /SF/Yr
Price Range
35,841 SF
Avg Space Size

This space is priced 33% above the average of $8.3 /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
Rey
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Similar Off Market Nearby

  • Albany-Menands Self Storage 1 Broadway, Albany, NY 12204

Frequently Asked Questions

What type of property is this?
Warehouse - Industrial/warehouse space on 24.51 acres, near I-787 entrance.
Where is this warehouse located?
The property is located at 37 Simmons Lane Albany, NY.
What is the lease rate?
The lease rate is $11 SF/Yr.
What are key features of this property?
This property features: Up To 80,000 Square Feet of Warehouse Space; 24.51 Acre Site; 1/3 Mile From I‑787 Entrance
More about this property
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