Ballston Spa Office Suites
For Lease
Contact for pricing
107 Hermes Rd, Ballston Spa, NY 12020
Multiple office suites for lease in Ballston Spa, NY.
Space Size2,398 SF - 6,686 SF
Property Size108,285 SF
Days on Market2307
Property Features for 107 Hermes Rd
General Information
Standard status
Active
Size
2,398 SF - 6,686 SF
Class
A
Total Parking Spaces
175
Property subtype
Office
Lease Type
NNN
Building Details
Building Size
108,285 SF
Year Built
2007
Tenancy
Multiple
Spaces For Lease
at 107 Hermes Rd Contact us- Size
- 2,398 SF
- Type
- Office
- Lease Type
- NNN
- Availability
- Active
2,398 RSF Office
- Size
- 3,000 SF
- Type
- Office
- Lease Type
- NNN
- Availability
- Active
3,000 RSF Office
- Size
- 4,650 SF
- Type
- Office
- Lease Type
- NNN
- Availability
- Active
4,650 RSF Office
- Size
- 6,686 SF
- Type
- Office
- Lease Type
- NNN
- Availability
- Active
6,686 RSF Office
Listing Agency:
CBRE - Albany
Listed By:
Laurie Tylenda, SIOR · License #NY 10301205946
(518) 452-2700
Source:
Crexi
Added: May 13, 2020
Changed: Aug 25
Last Checked: Sep 4 at 10:17PM
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.
Multiple office suites are available for lease, with the ability to combine adjacent suites for up to approximately 8,758 rentable square feet of contiguous space. The building is LEED Silver Certified. Lease terms are flexible. Available office spaces include a 3,000 rentable square foot suite, a 5,617 rentable square foot suite, a 6,686 rentable square foot suite, a 4,650 rentable square foot suite, a 2,398 rentable square foot suite, and a 3,360 rentable square foot suite.
Key Highlights
- Multiple office suites available, ranging from ±2,398 RSF to ±6,686 RSF.
- Combine suites for up to ±8,758 RSF of contiguous space.**
- LEED Silver Certified building.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$1.76 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
52
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
$15.1 /SF/Yr
Avg Asking Price
$10.5–$18 /SF/Yr
Price Range
10,363 SF
Avg Space Size
This space is priced 22% below the average of $15.1 /SF/Yr.
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Multiple office suites for lease in Ballston Spa, NY.
Where is this office units located?
The property is located at 107 Hermes Rd Ballston Spa, NY.
What is the lease rate?
The lease rate is $11.75 SF/Yr.
What are key features of this property?
This property features: Multiple office suites available, ranging from ±2,398 RSF to ±6,686 RSF.; Combine suites for up to ±8,758 RSF of contiguous space.**; LEED Silver Certified building.
