Flex Suite with Grade-Level
New
For Lease
$9.50 SF/Yr CAM $4.35 /USD/SF/YR
8 Petra Lane, Albany, NY 12205
An office-and-warehouse layout includes a finished workspace, ADA restroom, open storage area, and shared parking.
Space Size2,640 SF
Property Size16,401 SF
Days on Market4
Property Features for 8 Petra Lane
General Information
Standard status
Active
Size
2,640 SF
Net Rentable
2,640 SF
Property subtype
Industrial
Lease Type
NNN
Space & Availability
Available Space
2,640 SF
Contiguous Space
2,640 SF
Space Use
Flex
Lease Terms
Lease Rate
$9.50 /SF/YR
Monthly Rent
$2,090
Rent per SF/Year
$9.50
CAM
$4.35 /SF/YR
Warehouse & Industrial
Clear Height
24 ft
Warehouse Space
2,067 SF
Office Build-Out
573 SF
Drive-In Doors
1
Voltage
480 V
Three-Phase Power
Yes
Sprinkler System
Yes
Drive-In Door Height
14 ft
Additional Details
Highway Access
Yes
Building Details
Building Size
16,401 SF
Listing Agency:
Albany Office
Listed By:
Jeffrey Martino
(518) 489-9199
Source:
Pyramidbrokerage
Added: Oct 24
Changed: Oct 25
Last Checked: Oct 26 at 12:44PM
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 Albany Office
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Investment Insights
Based on property information with market context.
This 2,640± SF flex suite combines 573± SF of finished office space with a 2,067± SF open warehouse. The office includes an ADA restroom, while the warehouse is served by a 12 x 14-foot grade-level door. Building features include a 24-foot ceiling, wet sprinklers, and 3-phase 480V power. Shared parking is available.
The property is just off Central Ave near I-87 Exit 2.
The property is just off Central Ave near I-87 Exit 2.
Key Highlights
- 2,640± SF total; 573± SF finished office and 2,067± SF open warehouse
- One 12 x 14ft grade‑level door
- 24‑ft building ceiling
Property Analytics
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Open Analytics
Current Use
Lease Details
24 ft
Clear height
1
Drive-in doors
Yes
Sprinkler system
Yes
Highway access
NNN (Triple Net)
Lease Type
$1.43 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
276
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Albany, NY
$11.75 /SF/Yr
Avg Asking Price
$7.95–$17 /SF/Yr
Price Range
13,066 SF
Avg Space Size
This space is priced 19% below the average of $11.75 /SF/Yr.
Vacancy Rate% for Industrial in Northeast region
Similar Off Market Nearby
- Sodexo — 220 washington ave ext unit 6, albany, ny 12203
- Big Kahoona Picnic Co — 2 Petra Ln, Colonie, NY 12205
- 9 Spices Indian Cuisine & Bar (Albany) — 1614 Central Ave, Colonie, NY 12205
Frequently Asked Questions
What type of property is this?
Flex space - An office-and-warehouse layout includes a finished workspace, ADA restroom, open storage area, and shared parking.
Where is this flex space located?
The property is located at 8 Petra Lane Albany, NY.
What is the lease rate?
The lease rate is $9.50 SF/Yr.
What are key features of this property?
This property features: 2,640± SF total; 573± SF finished office and 2,067± SF open warehouse; One 12 x 14ft grade‑level door; 24‑ft building ceiling
