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Modern Office Space in Latham
For Lease
$25 SF/Yr

17 Plaza Drive, Latham, NY 12110

Unoccupied office space available for sublease through June 2030.

Space SizeContact for details
Days on Market148

Property Features for 17 Plaza Drive

General Information

Standard status Active
Property subtype Office
Listing Agency: CBRE - Albany
Listed By: Ann MacAffer · License #Associate Real Estate Broker
Source: Cbre
Added: Mar 25 Changed: Jul 6 Last Checked: Aug 19 at 5:11AM

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.

Available for sublease is approximately 27,000 square feet of unoccupied office space in Colonie, New York, with a Latham mailing address. Constructed in 2019, this space has never been occupied. The sublease term runs through June 30, 2030. The space occupies an entire floor and can be subdivided into two separate spaces. The building is LEED Silver certified and features bright, open floor plans with core support rooms, break rooms, and various sized conference rooms. Approximately 325 parking spaces are available. Utilities are paid directly, and janitorial services must be contracted through Janitronics at an approximate cost of $1.65 per square foot. The property is located off I-87 Exit 7 to Route 9, to Century Hill Drive to Plaza Drive, and furnishings may be included in the lease.

Key Highlights

  • Sublease term through 6/30/2030.
  • ±27,000 SF of unoccupied office space.**
  • Located in a LEED Silver certified building.

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Real Estate Agency HVAC Service Storage Facility Grocery & Convenience Store Big Box & Wholesale Store Parking Lot & Garage

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
$3.75 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

789
Businesses Nearby

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

Lease Benchmarks for Latham, NY

$18.6 /SF/Yr
Avg Asking Price
$8.25–$25 /SF/Yr
Price Range
34,998 SF
Avg Space Size

This space is priced 34% above the average of $18.6 /SF/Yr.

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Unoccupied office space available for sublease through June 2030.
Where is this office units located?
The property is located at 17 Plaza Drive Latham, NY.
What is the lease rate?
The lease rate is $25 SF/Yr.
What are key features of this property?
This property features: Sublease term through 6/30/2030.; ±27,000 SF of unoccupied office space.**; Located in a LEED Silver certified building.
More about this property
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