Building Details

Building Size 984 SF

Year Built 1977

Buildings 1

Stories 1

Listing Agency: Berkshire Hathaway Home Services Blake r***@bhhsblake.com Show Phone

Listed By: Edwin R Hersh · License #30HE0941344 Show Phone

Source: Chadmajewski

Added: Aug 14, 2024 Changed: Nov 4 Last Checked: Nov 4 at 2:30PM

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Property Analytics

Current Use

A Touch of Tranquility Wellness, ... Alternative Medicine Practice Unravel Massage by ... Alternative Medicine Practice

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Parking Lot & Garage Bakery Garden Center

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

$2.93 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

8

Businesses Nearby

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

Lease Benchmarks for Ballston Spa, NY

$16.78 /SF/Yr

Avg Asking Price

$15–$19.8 /SF/Yr

Price Range

3,607 SF

Avg Space Size

This space is priced 16% above the average of $16.78 /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

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Frequently Asked Questions

Where is this office unit located?

The property is located at 221 W High Street Ballston Spa, NY.

What is the lease rate?

The lease rate is $1,600/Mo.