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Professional Office Suites For Lease
For Lease
$17.50 SF/Yr

286 Washington Avenue Extension, Albany, NY 12203

Multiple office suites available in professional office building.

Property Size16,037 SF
Days on Market129

Property Features for 286 Washington Avenue Extension

General Information

Standard status Active
Size 16,037 SF
Property subtype Office
Listing Agency: CBRE | Albany
Listed By: Dan Simpson · License #Associate Real Estate Broker
Source: Cbre
Added: Mar 25 Changed: Jul 6 Last Checked: Jul 22 at 4:36AM

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 suites are available for lease within a professional office building encompassing approximately 32,000 square feet, situated in the Corporate Plaza Office Park. Suite 101, located on the first floor, offers approximately 3,170 square feet. On the second floor, Suite 200 provides approximately 9,315 square feet, while Suite 202 features approximately 3,552 square feet. The property is professionally owned and managed, with updated common areas and well-appointed signage. Parking is available for approximately 100 vehicles. The location provides easy access to UPS, USPS, and FedEx drop boxes. The building is approximately 184 feet from the 286 Executive Center Dr bus stop, which serves Routes 155, 801, and 803. Additional amenities include a loading dock, a two-bay EV charging station, a passenger elevator, and a shower facility for tenant use.

Key Highlights

  • Professionally owned and managed office building.
  • Multiple office suites available within a ±32,000 SF building.
  • Parking for ±100 vehicles.

Property Analytics

Current Use

Kerker & Gleeson PC Law Firm Family Mediation Services Law Firm Committee on Professional Standards State Government Office Bradley S Jones ... Insurance Agency ChargePoint Charging Station Electric Vehicle Charging Station

Suggested Use

Top Pick Restaurant Spa & Massage Center Auto Parts Store Real Estate Agency HVAC Service 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
$2.63 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

601
Businesses Nearby

Demographics for 12203, NY

28,210
Population
14,755
Households
1.9
Avg Household Size
38
Median Age
54%
College-Educated
95%
High-School Grad
10.4 sq mi
ZIP Area
2,713
Density / Sq Mi
$80,055
Median Household Income
$44,412
Median Earnings
$1,342
Median Rent
$258,800
Median Home Value

Market

Lease Benchmarks for Albany, NY

$16.26 /SF/Yr
Avg Asking Price
$0.52–$22.66 /SF/Yr
Price Range
79,894 SF
Avg Space Size

This space is priced 8% above the average of $16.26 /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?
Office building - Multiple office suites available in professional office building.
Where is this office building located?
The property is located at 286 Washington Avenue Extension Albany, NY.
What is the lease rate?
The lease rate is $17.50 SF/Yr.
What are key features of this property?
This property features: Professionally owned and managed office building.; Multiple office suites available within a ±32,000 SF building.; Parking for ±100 vehicles.
More about this property
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