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Industrial Warehouse with Office Space
For Lease
$10.95 SF/Yr

773 Watervliet Shaker Road, Latham, NY 12110

11,300 SF industrial warehouse with office and showroom capabilities.

Property Size11,300 SF
Lot Size1.10 Acres
Days on Market129

Property Features for 773 Watervliet Shaker Road

General Information

Standard status Active
Size 11,300 SF
Lot size 1.10 Acres
Property subtype Industrial
Listing Agency: CBRE | Albany
Listed By: Dan Davitt · License #Associate Real Estate Broker
Source: Cbre
Added: Mar 25 Changed: Jul 10 Last Checked: Jul 30 at 3:09AM

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 industrial warehouse offers approximately 11,300 square feet of space, including roughly 7,910 square feet of warehouse area and 3,390 square feet of office space. Constructed in 2007, the property is situated on an approximate 1.1-acre site. The warehouse features a wet sprinkler system, one 9’x10’ loading dock, and one 10’x14’ overhead door at grade. The ceiling height is approximately 18 feet or greater. It has 400+ amp service with 3 phase power. The property is located off Interstate 87 at Exit 5 in the Airport Area, specifically on the north side of Watervliet Shaker Road, less than 1 mile west of I-87 Exit 5.

Key Highlights

  • ±11,300 SF Industrial warehouse with office and warehouse space
  • Located off Interstate 87 Exit 5 - Airport Area
  • One (1) 10’x14’ overhead door at grade and One (1) 9’x10’ loading dock

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Hair Salon Pharmacy Auto Parts Store Law Firm 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
$1.64 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

257
Businesses Nearby
Well-served
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

$11.41 /SF/Yr
Avg Asking Price
$5.95–$17 /SF/Yr
Price Range
20,834 SF
Avg Space Size

This space is priced 4% below the average of $11.41 /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
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Frequently Asked Questions

What type of property is this?
Flex space - 11,300 SF industrial warehouse with office and showroom capabilities.
Where is this flex space located?
The property is located at 773 Watervliet Shaker Road Latham, NY.
What is the lease rate?
The lease rate is $10.95 SF/Yr.
What are key features of this property?
This property features: ±11,300 SF Industrial warehouse with office and warehouse space; Located off Interstate 87 Exit 5 - Airport Area; One (1) 10’x14’ overhead door at grade and One (1) 9’x10’ loading dock
More about this property
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