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Office/Warehouse Park in Capital Region
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16 Jupiter Park, Albany, NY 12205

Office and warehouse spaces for lease in a prime location.

Space Size5,600 SF
Property Size30,800 SF
Days on Market2144

Property Features for 16 Jupiter Park

General Information

Standard status Active
Size 5,600 SF
Class A
Property subtype Office, Industrial
Lease Type NNN

Building Details

Building Size 30,800 SF
Tenancy Multiple

Spaces For Lease

at 16 Jupiter Park Contact us

Suite 1

Size
5,600 SF
Type
Industrial, Office
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Vanguard-Fine LLC
Listed By: Ben Feinman · License #2298690
Source: Crexi
Added: Oct 22, 2020 Changed: Aug 17 Last Checked: Sep 1 at 12:04AM

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 Vanguard-Fine LLC

Investment Insights

Based on property information with market context.

This office/warehouse park is situated in the heart of the Capital Region, offering a location suitable for distributors, service-type businesses, and healthcare industries. The property is located off Central Avenue in the Village of Colonie, approximately 1 mile from Exit 2 of I-87. It includes flex space, industrial properties, office units, office properties and spaces, warehouses, and other warehouse options, making it a versatile commercial real estate location.

Key Highlights

  • Prime location in the heart of the Capital Region.
  • Suitable for distributors, service businesses, and healthcare industries.
  • Located off Central Ave. in the Village of Colonie.

Property Analytics

Current Use

Flex space

Lease Details

NNN (Triple Net)
Lease Type
$1.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

581
Businesses Nearby
Under-served
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 Albany, NY

$11.3 /SF/Yr
Avg Asking Price
$2.88–$17 /SF/Yr
Price Range
14,621 SF
Avg Space Size

This space is priced 6% above the average of $11.3 /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
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Similar Off Market Nearby

  • 9 Spices Indian Cuisine & Bar (Albany) 1614 Central Ave, Colonie, NY 12205

Frequently Asked Questions

What type of property is this?
Flex space - Office and warehouse spaces for lease in a prime location.
Where is this flex space located?
The property is located at 16 Jupiter Park Albany, NY.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: Prime location in the heart of the Capital Region.; Suitable for distributors, service businesses, and healthcare industries.; Located off Central Ave. in the Village of Colonie.
(518) 862-0861 Call to check price and availability
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