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Professional Office Suites For Lease
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5 Columbia Cir, Albany, NY 12203

Office suites available in professional building with natural light.

Space Size4,008 SF - 12,016 SF
Property Size57,035 SF
Days on Market1279

Property Features for 5 Columbia Cir

General Information

Standard status Active
Size 4,008 SF - 12,016 SF
Class A
Total Parking Spaces 228
Property subtype Office
Lease Type Modified Gross

Building Details

Building Size 57,035 SF
Year Built 1993
Tenancy Multiple

Spaces For Lease

at 5 Columbia Cir Contact us

Second Floor Suite

Size
4,008 SF
Type
Office
Lease Type
Modified Gross
Availability
Active
Contact us

Available Space 2

Size
9,248 SF
Type
Office
Lease Type
Modified Gross
Availability
Active
Contact us

Available Space 3

Size
12,016 SF
Type
Office
Lease Type
Modified Gross
Availability
Active
Contact us
Listing Agency: CBRE - Albany
Listed By: Laurie Tylenda, SIOR · License #NY 10301205946
Source: Crexi
Added: Mar 6, 2023 Changed: Aug 14 Last Checked: Aug 31 at 1:06AM

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.

Three suites are available for lease, totaling approximately 25,272 rentable square feet on the second floor of a larger professional office building. The suites benefit from natural light. The building has a total area of approximately 57,035 square feet. The available suites can accommodate a full floor tenant and consist of the following sizes: approximately 4,008 rentable square feet, approximately 9,248 rentable square feet, and approximately 12,016 rentable square feet.

Key Highlights

  • Full floor tenant option with ±25,272 RSF available.
  • Abundant natural light throughout the offices.
  • Located in a ±57,035 SF professional office building.

Property Analytics

Current Use

Reinke Wayne F Law Firm Heslin Rothenberg Farley ... Law Firm Solomon Valerie N Law Firm Hutton Brett Law Firm Boger John W Law Firm

Suggested Use

Top Pick HVAC Service Kitchen & Bath Showroom Plumbing Service (Bike/Boat/Book/etc) Store Barber Shop Storage Facility

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
$2.55 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

560
Businesses Nearby

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

$16.92 /SF/Yr
Avg Asking Price
$13–$22.66 /SF/Yr
Price Range
52,405 SF
Avg Space Size

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - Office suites available in professional building with natural light.
Where is this office building located?
The property is located at 5 Columbia Cir Albany, NY.
What is the lease rate?
The lease rate is $17 SF/Yr.
What are key features of this property?
This property features: Full floor tenant option with ±25,272 RSF available.; Abundant natural light throughout the offices.; Located in a ±57,035 SF professional office building.
(518) 452-2700 Call to check price and availability
More about this property
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