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Versatile Flex Space in Colonie
For Lease
$13 SF/Yr

12 Petra Ln, Albany, NY 12205

Flex space suitable for distributors, service businesses, and healthcare.

Space Size6,686 SF
Property Size31,000 SF
Days on Market166

Property Features for 12 Petra Ln

General Information

Standard status Active
Size 6,686 SF
Class B
Property subtype Office/Warehouse
Lease Term $13 SF/yr (NNN)

Building Details

Building Size 31,000 SF
Year Built 1994

Spaces For Lease

at 12 Petra Ln Contact us

12 Petra Lane $13/SF/Yr

Size
6,686 SF
Term
Negotiable
Contact us
Listing Agency: Vanguard-Fine LLC
Listed By: Ben Feinman · License #2298690
Source: Vanguardfine
Added: Mar 26 Changed: Aug 25 Last Checked: Sep 6 at 4:50AM

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 flex space is located off Central Ave in the Village of Colonie, offering a suitable location for distributors, service-type businesses, and healthcare industries. The property provides easy access to I-90 and I-87, and is situated approximately 1 mile from Exit 2 of I-87.

Key Highlights

  • Great location for distributors, service‑type businesses, healthcare industries, etc.
  • Located off Central Ave. in the Village of Colonie.
  • 1 mile to Exit 2 of I‑87.

Property Analytics

Current Use

Hardy Diagnostics Medical Clinic Tina M. Laferriere, ... Registered General Nurse Meerkat Pest Control Garden Center Lorraine Janack Registered General Nurse Ruth Marshall, RN Physician

Suggested Use

Top Pick Restaurant Parking Lot & Garage Real Estate Agency Grocery & Convenience Store Food Market 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
$1.95 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

350
Businesses Nearby
Well-served
Demand for This Use

Demographics for 12205, NY

27,168
Population
12,061
Households
2.3
Avg Household Size
45
Median Age
36%
College-Educated
94%
High-School Grad
15.4 sq mi
ZIP Area
1,764
Density / Sq Mi
$89,270
Median Household Income
$54,184
Median Earnings
$1,405
Median Rent
$264,200
Median Home Value

Market

Lease Benchmarks for Albany, NY

$11.3 /SF/Yr
Avg Asking Price
$2.88–$17 /SF/Yr
Price Range
14,621 SF
Avg Space Size

This space is priced 15% above the average of $11.3 /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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Sodexo 220 washington ave ext unit 6, albany, ny 12203
  • Big Kahoona Picnic Co 2 Petra Ln, Colonie, NY 12205
  • 9 Spices Indian Cuisine & Bar (Albany) 1614 Central Ave, Colonie, NY 12205

Frequently Asked Questions

What type of property is this?
Flex space - Flex space suitable for distributors, service businesses, and healthcare.
Where is this flex space located?
The property is located at 12 Petra Ln Albany, NY.
What is the lease rate?
The lease rate is $13 SF/Yr.
What are key features of this property?
This property features: Great location for distributors, service‑type businesses, healthcare industries, etc.; Located off Central Ave. in the Village of Colonie.; 1 mile to Exit 2 of I‑87.
More about this property
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