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Warehouse with Office Sublease
For Lease
$8.25 SF/Yr

4 Stanley Circle, Latham, NY 12110

64,000 SF warehouse sublease with office space near I-87.

Property Size64,000 SF
Days on Market129

Property Features for 4 Stanley Circle

General Information

Standard status Active
Size 64,000 SF
Property subtype Industrial
Listing Agency: CBRE | Albany
Listed By: Dan Simpson · License #Associate Real Estate Broker
Source: Cbre
Added: Mar 25 Changed: Jul 6 Last Checked: Jul 30 at 4:01AM

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 a 64,000 square foot warehouse located in the Town of Colonie, with a Latham mailing address. The sublease runs through July 14, 2028. The property features a ceiling height of approximately 24 feet, eight dock doors, and two grade-level drive-in doors. It is equipped with a wet sprinkler system and 3-phase power. A fenced yard area is included. Approximately 5,000 square feet is built out as office space. The property offers good proximity to I-87 (Adirondack Northway), accessible from I-87 Exit 6 to Route 7 (Troy Schenectady Road) to Wade Road to Avis Drive to Stanley Circle.

Key Highlights

  • Good proximity to I‑87 (Adirondack Northway)
  • Sublease runs through 7/14/2028
  • ±64,000 sf warehouse space**

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Real Estate Agency Storage Facility Grocery & Convenience Store Parking Lot & Garage Auto Parts Store (Bike/Boat/Book/etc) Store

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
$1.24 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

857
Businesses Nearby
Balanced
Demand for This Use

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

$11.52 /SF/Yr
Avg Asking Price
$8.25–$17 /SF/Yr
Price Range
22,790 SF
Avg Space Size

This space is priced 28% below the average of $11.52 /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
Rey
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Frequently Asked Questions

What type of property is this?
Warehouse - 64,000 SF warehouse sublease with office space near I-87.
Where is this warehouse located?
The property is located at 4 Stanley Circle Latham, NY.
What is the lease rate?
The lease rate is $8.25 SF/Yr.
What are key features of this property?
This property features: Good proximity to I‑87 (Adirondack Northway); Sublease runs through 7/14/2028; ±64,000 sf warehouse space**
More about this property
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