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Industrial Building For Lease
For Lease
$7.95 SF/Yr

16 Commercial Avenue, Colonie, NY 12205

Industrial building with multiple options for lease.

Space SizeContact for details
Property Size75,220 SF
Days on Market136

Property Features for 16 Commercial Avenue

General Information

Standard status Active
Size 75,220 SF
Property subtype Industrial

Building Details

Building Size 75,220 SF
Listing Agency: Pyramidbrokerage
Listed By: Pyramid Brokerage Albany
Source: Pyramidbrokerage
Added: Apr 10 Changed: Aug 8 Last Checked: Aug 23 at 4:02AM

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 Pyramidbrokerage

Investment Insights

Based on property information with market context.

This industrial building offers multiple square footage options for lease only. The building is currently undergoing renovations, with planned showroom, warehouse, racking, offices, docks, and grade-level access. It features a clear height of 21 feet, with available spaces ranging from 8,500 to 57,220 square feet.

Key Highlights

  • Multiple SF options available, ranging from 8,500 to 57,220 SF
  • Features a 21' clear height
  • Equipped with both docks and grade level access

Property Analytics

Current Use

Warehouses

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Pharmacy Storage Facility Plumbing Service

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
$1.19 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

639
Businesses Nearby
Balanced
Demand for This Use

Demographics for 12205, NY

27,168
Population
12,061
Households
2.3
Avg Household Size
45
Median Age
36%
College-Educated
94%
High-School Grad
15.4 sq mi
ZIP Area
1,764
Density / Sq Mi
$89,270
Median Household Income
$54,184
Median Earnings
$1,405
Median Rent
$264,200
Median Home Value

Market

Lease Benchmarks for Colonie, NY

$8.44 /SF/Yr
Avg Asking Price
$3.67–$15.83 /SF/Yr
Price Range
32,944 SF
Avg Space Size

This space is priced 6% below the average of $8.44 /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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Upstate Elevator Co Inc 1230 Central Ave, Albany, NY 12205, United States
  • Allied Van Lines 35 Railroad Ave Suite 100, Albany, NY 12205
  • Schaap Moving Systems 6 Brown Rd, Albany, NY 12205

Frequently Asked Questions

What type of property is this?
Warehouse - Industrial building with multiple options for lease.
Where is this warehouse located?
The property is located at 16 Commercial Avenue Colonie, NY.
What is the lease rate?
The lease rate is $7.95 SF/Yr.
What are key features of this property?
This property features: Multiple SF options available, ranging from 8,500 to 57,220 SF; Features a 21' clear height; Equipped with both docks and grade level access
More about this property
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