Flex Space with Twenty-Eight-Foot Clear
For Lease
Contact for pricing
107 Hermes Rd, Ballston Spa, NY 12020
Flex suites offer warehouse space with 28-foot clear height, one overhead door, and elevated power service.
Property Size3,000 SF
Lot Size6.00 Acres
Days on Market620
Property Features for 107 Hermes Rd
General Information
Standard status
Active
Size
3,000 SF
Lot size
6.00 Acres
Property subtype
OFFICE
Lease Type
SF/yr
Warehouse & Industrial
Clear Height
28 ft
Power
4,000 amps
Voltage
480 V
Three-Phase Power
Yes
Additional Details
Space Use
Warehouse
CAM
$5.35 /USD/SF/YR
Utilities to Site
Yes
Listing Agency:
CBRE | Albany
(518) 429-6175
Listed By:
Laurie Tylenda · License #10301205946
Source:
Moodyscre
Added: Nov 18, 2024
Changed: Jul 30
Last Checked: Jul 31 at 8:32AM
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.
Flex space at NYSERDA’s Saratoga Technology + Energy Park (STEP) is set on a 280-acre site in Malta, New York, adjacent to GlobalFoundries. The property includes a six-acre site and offers multiple suites, with some units Start-Up NY approved. Some space is available for warehouse use within the park’s campus setting and near Luther Forest Technology Campus.
For warehouse tenants, the space features 28’ clear height and one (1) overhead door. The electrical service includes elevated levels of gas and 4,000 amp 277/480 volt 3 phase power for electric.
Availability varies by suite and layout. Contact the listing broker for current availability and details on the specific unit(s).
For warehouse tenants, the space features 28’ clear height and one (1) overhead door. The electrical service includes elevated levels of gas and 4,000 amp 277/480 volt 3 phase power for electric.
Availability varies by suite and layout. Contact the listing broker for current availability and details on the specific unit(s).
Key Highlights
- NYSERDA Saratoga Technology + Energy Park (STEP) spans 280 acres, adjacent to GlobalFoundries
- Six‑acre site within STEP
- Warehouse space with 28’ clear height
Property Analytics
Current Use
Lease Details
28 ft
Clear height
Yes
Utilities to site
NNN (Triple Net)
Lease Type
$2.59 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
52
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 12020, NY
34,667
Population
15,787
Households
2.2
Avg Household Size
42
Median Age
43%
College-Educated
94%
High-School Grad
75.6 sq mi
ZIP Area
459
Density / Sq Mi
$101,727
Median Household Income
$59,730
Median Earnings
$1,562
Median Rent
$299,600
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
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Frequently Asked Questions
What type of property is this?
Flex space - Flex suites offer warehouse space with 28-foot clear height, one overhead door, and elevated power service.
Where is this flex space located?
The property is located at 107 Hermes Rd Ballston Spa, NY.
What is the lease rate?
The lease rate is $17.25 SF/Yr.
What are key features of this property?
This property features: NYSERDA Saratoga Technology + Energy Park (STEP) spans 280 acres, adjacent to GlobalFoundries; Six‑acre site within STEP; Warehouse space with 28’ clear height
