Office and Warehouse Suites
For Lease
$11 SF/Yr NNN
107 Hermes Road, Ballston Spa, NY 12020
Multiple office and warehouse suites available for lease.
Space SizeContact for details
Lot Size6.00 Acres
Days on Market145
Property Features for 107 Hermes Road
General Information
Standard status
Active
Lot size
6.00 Acres
Property subtype
FlexIndustrial
Listing Agency:
CBRE | Albany
(518) 429-6175
Listed By:
Laurie Tylenda · License #Associate Real Estate Broker
(518) 429-6175
Source:
Cbre
Added: Mar 25
Changed: Aug 14
Last Checked: Aug 16 at 1:00PM
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.
Multiple office and warehouse suites are available for lease within a LEED Silver Certified building. The property is located on a ±6 acre site in Malta, New York, adjacent to GlobalFoundries, within NYSERDA’s Saratoga Technology + Energy Park® (STEP®), a 280-acre site. It is also in close proximity to Luther Forest Technology Campus. Available office suites range from ±2,398 RSF to ±8,758 RSF of contiguous space. Warehouse spaces are available, with the smaller bay featuring one overhead door and the larger bay offering double door access. Well dock or OHD can be added. The property features elevated levels of gas and 4,000 amp 277/480 volt 3 phase power for electric. Some suites are Start-Up NY approved. The 2025 NNN estimated rate is $5.34/RSF. The property is accessible from I-87 via exit 12, heading east on Route 67 into STEP and onto Hermes Road.
Key Highlights
- Flexible lease terms available for office and warehouse suites.
- Combine office suites for up to ±8,758 RSF of contiguous space.
- LEED Silver Certified building.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
52
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 12020, NY
34,667
Population
15,787
Households
2.2
Avg Household Size
42
Median Age
43%
College-Educated
94%
High-School Grad
75.6 sq mi
ZIP Area
459
Density / Sq Mi
$101,727
Median Household Income
$59,730
Median Earnings
$1,562
Median Rent
$299,600
Median Home Value
Market
Vacancy Rate% for Industrial in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Multiple office and warehouse suites available for lease.
Where is this flex space located?
The property is located at 107 Hermes Road Ballston Spa, NY.
What is the lease rate?
The lease rate is $11 SF/Yr.
What are key features of this property?
This property features: Flexible lease terms available for office and warehouse suites.; Combine office suites for up to ±8,758 RSF of contiguous space.; LEED Silver Certified building.
