Multi-Tenant Office
For Sale
Contact for pricing
12 Avis Drive, Latham, NY 12110
Office building in Colonie Airport Business Area, offering multiple short-term lease spaces for flexible occupancy or ownership.
Property Size23,127 SF
Lot Size2.60 Acres
Price / SF$64.43
Days on Market64
Property Features for 12 Avis Drive
General Information
Standard status
Active
Size
23,127 SF
Lot size
2.60 Acres
Property subtype
Office
Zoning
ABA - Airport Business Area
Occupancy
50%
Lease Type
Gross
Investment Type
Owner/User
Additional Details
Business Included
Yes
Building Details
Tenancy
Multi
Listing Agency:
CBRE - Albany
(518) 452-2700
Listed By:
Dan Simpson · License #NY 30SI0855145
Source:
Crexi
Added: Jun 13
Changed: Aug 14
Last Checked: Aug 14 at 5:24PM
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.
This offering includes a 23,127 SF office building situated on 2.6 acres. The property is presented for sale or lease and is designed to accommodate multiple tenants under short-term leasing arrangements. For owner-occupiers, the current structure supports an immediate cash-flow concept through existing short-term leases.
The building is located in the Town of Colonie within the Airport Business Area (ABA) Zone and is proximate to Albany International Airport. The public remarks reference a mailing address of 12 Avis Drive, while noting that it is referred to as 14 Avis Drive in public record.
The property can be a practical fit for an owner-occupier seeking an office facility that can also leverage multiple short-term leases. It may also appeal to buyers or leasing clients looking for an office asset within the Colonie Airport Business Area (ABA) Zone, with an existing leasing structure already in place to support transitional occupancy needs.
The building is located in the Town of Colonie within the Airport Business Area (ABA) Zone and is proximate to Albany International Airport. The public remarks reference a mailing address of 12 Avis Drive, while noting that it is referred to as 14 Avis Drive in public record.
The property can be a practical fit for an owner-occupier seeking an office facility that can also leverage multiple short-term leases. It may also appeal to buyers or leasing clients looking for an office asset within the Colonie Airport Business Area (ABA) Zone, with an existing leasing structure already in place to support transitional occupancy needs.
Key Highlights
- ±23,127 SF office building on 2.6 acres in the Town of Colonie Airport Business Area (ABA) Zone
- Multiple short‑term lease spaces for immediate cash flow
- Mailing address listed as 12 Avis Drive; referred to as 14 Avis Drive in public record
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
854
Businesses Nearby
Explore this area
Business Placement
Demographics for 12110, NY
19,682
Population
8,269
Households
2.4
Avg Household Size
44
Median Age
46%
College-Educated
93%
High-School Grad
14.3 sq mi
ZIP Area
1,376
Density / Sq Mi
$101,839
Median Household Income
$53,658
Median Earnings
$1,431
Median Rent
$306,100
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Office building in Colonie Airport Business Area, offering multiple short-term lease spaces for flexible occupancy or ownership.
Where is this office building located?
The property is located at 12 Avis Drive Latham, NY.
What is the asking price?
The asking price for this property is $1,490,000.
What are key features of this property?
This property features: ±23,127 SF office building on 2.6 acres in the Town of Colonie Airport Business Area (ABA) Zone; Multiple short‑term lease spaces for immediate cash flow; Mailing address listed as 12 Avis Drive; referred to as 14 Avis Drive in public record
