Multi-Suite Office Space for
For Lease
$17 SF/Yr
5 Columbia Circle, Albany, NY 12203
Newly built-out office suites span first and second floors, featuring skylights and flexible move-in options.
Space SizeContact for details
Days on Market31
Property Features for 5 Columbia Circle
General Information
Standard status
Active
Property subtype
Office
Listing Agency:
CBRE | Albany
(518) 429-6175
Listed By:
Laurie Tylenda · License #Associate Real Estate Broker
(518) 429-6175
Source:
Cbre
Added: Jul 17
Changed: Jul 22
Last Checked: Aug 16 at 9:13AM
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.
Offered for lease are multiple office suites in a larger professional office building, with space available on both the first and second floors. Suite sizes include approximately 4,809 RSF on the first floor and multiple second-floor options, including about 14,760 RSF that can be leased as a full floor tenant arrangement. The space is described as newly built out and includes lots of natural light, along with several skylights. Storage space is available on the lower level at a reduced rate, and furniture is negotiable; the space can be modified or delivered in move-in condition. Tenant pays janitorial, utilities, and escalations over the base year.
The building is located at 5 Columbia Circle in Albany, NY 12203, with easy access to UPS, USPS, and FEDEX drop boxes, as well as CDTA transportation. A catered cafe at 7 Columbia Circle is available for all tenants.
Parking is provided at a 5/1,000 ratio.
The building is located at 5 Columbia Circle in Albany, NY 12203, with easy access to UPS, USPS, and FEDEX drop boxes, as well as CDTA transportation. A catered cafe at 7 Columbia Circle is available for all tenants.
Parking is provided at a 5/1,000 ratio.
Key Highlights
- For lease: multiple office suites in a 48,972 SF professional office building
- Suite sizes include 4,809 RSF on the first floor and multiple second‑floor options totaling up to 24,760 RSF for a full floor tenant
- Office spaces feature lots of natural light, including several skylights
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.55 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
560
Businesses Nearby
Explore this area
Business Placement
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
$14.04 /SF/Yr
Avg Asking Price
$1.12–$30 /SF/Yr
Price Range
48,973 SF
Avg Space Size
This space is priced 21% above the average of $14.04 /SF/Yr.
Vacancy Rate% for Office in Northeast region
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Frequently Asked Questions
What type of property is this?
Office units - Newly built-out office suites span first and second floors, featuring skylights and flexible move-in options.
Where is this office units located?
The property is located at 5 Columbia Circle Albany, NY.
What is the lease rate?
The lease rate is $17 SF/Yr.
What are key features of this property?
This property features: For lease: multiple office suites in a 48,972 SF professional office building; Suite sizes include 4,809 RSF on the first floor and multiple second‑floor options totaling up to 24,760 RSF for a full floor tenant; Office spaces feature lots of natural light, including several skylights
