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East-End Warehouse Space
For Lease
$7.25 SF/Yr

45 Industrial Park Road, Albany, NY 12206

Warehouse space occupies the eastern portion of a larger industrial building in Albany’s West Albany Industrial Park.

Space Size30,000 SF
Property Size80,000 SF
Days on Market90

Property Features for 45 Industrial Park Road

General Information

Standard status Active
Size 30,000 SF
Property subtype Industrial

Additional Details

Space Use Warehouse

Building Details

Building Size 80,000 SF
Listing Agency: CBRE - Albany
Listed By: Dan Simpson · License #Associate Real Estate Broker
Source: Cbre
Added: Jun 2 Changed: Aug 29 Last Checked: Aug 29 at 9:22PM

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.

Lease up to ±30,000 SF of warehouse space within an approximately ±80,000 SF industrial building. The available area is positioned at the building’s east end, providing a defined portion of the larger facility.

The property is located at 45 Industrial Park Road in Albany, NY 12206, within the City of Albany’s West Albany Industrial Park.

Key Highlights

  • Up to ±30,000 SF of warehouse space
  • Located within an approximately ±80,000 SF building
  • Available area positioned at the east end of the building

Property Analytics

Current Use

ToolBoxSupply Corporate Office Alside Building Supply Discount Flooring Supermart Carpet & Flooring Store Simply Ready Distribution Center Ag Industrial Supply Building Supply

Suggested Use

Top Pick Real Estate Agency Storage Facility Furniture & Home Goods HVAC Service Cafe & Coffee Shop Spa & Massage 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
$1.09 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

934
Businesses Nearby
Balanced
Demand for This Use

Demographics for 12206, NY

17,219
Population
8,641
Households
2
Avg Household Size
32
Median Age
26%
College-Educated
84%
High-School Grad
2.1 sq mi
ZIP Area
8,200
Density / Sq Mi
$38,931
Median Household Income
$28,087
Median Earnings
$1,189
Median Rent
$162,300
Median Home Value

Market

Lease Benchmarks for Albany, NY

$8.68 /SF/Yr
Avg Asking Price
$5.5–$15.83 /SF/Yr
Price Range
32,982 SF
Avg Space Size

This space is priced 16% below the average of $8.68 /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
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Similar Off Market Nearby

  • Packing House Self Storage Albany NY 815 Central Ave, Albany, NY 12206
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  • Everett Road Storage & Handling 76 Exchange St # 10, Albany, NY 12205

Frequently Asked Questions

What type of property is this?
Warehouse - Warehouse space occupies the eastern portion of a larger industrial building in Albany’s West Albany Industrial Park.
Where is this warehouse located?
The property is located at 45 Industrial Park Road Albany, NY.
What is the lease rate?
The lease rate is $7.25 SF/Yr.
What are key features of this property?
This property features: Up to ±30,000 SF of warehouse space; Located within an approximately ±80,000 SF building; Available area positioned at the east end of the building
More about this property
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