Modern Medical Office Space
For Lease
$14.50 SF/Yr
2 Empire Drive, Rensselaer, NY 12144
Two suites available for lease, medical or office use.
Space SizeContact for details
Days on Market145
Property Features for 2 Empire Drive
General Information
Standard status
Active
Property subtype
Healthcare
Listing Agency:
CBRE | Albany
(518) 429-6175
Listed By:
Laurie Tylenda · License #Associate Real Estate Broker
(518) 429-6175
Source:
Cbre
Added: Mar 25
Changed: Aug 8
Last Checked: Aug 16 at 9:07AM
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.
Two second-floor suites of modern medical office space are available for lease. Suite 1 offers approximately 4,596 rentable square feet, while Suite 2 provides approximately 4,000 rentable square feet. Suite 2 is also suitable for non-medical office users. The suites can be combined to create a total of approximately 8,596 rentable square feet. The location provides frontage along I-90 and is less than half a mile from Exit 9 of I-90. The property features one passenger elevator and parking for over 200 vehicles. It also offers views of the downtown Albany skyline. Nearby commercial and medical tenants include Regeneron, FedEx, St. Peter’s Medical, Walmart, and East Greenbush Corporate Park. The property is located off I-90 East to Exit 9; north on Route 4 to Empire Drive.
Key Highlights
- Suites can be combined for a total of ±8,596 SF, offering flexible space options.
- Located less than 1/2 mile from Exit 9 of I‑90, providing excellent accessibility.
- Ample parking available for over 200 vehicles.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.18 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
168
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 12144, NY
21,277
Population
10,474
Households
2
Avg Household Size
40
Median Age
38%
College-Educated
93%
High-School Grad
18.3 sq mi
ZIP Area
1,163
Density / Sq Mi
$88,357
Median Household Income
$51,893
Median Earnings
$1,379
Median Rent
$235,300
Median Home Value
Market
Lease Benchmarks for Rensselaer, NY
$15.25 /SF/Yr
Avg Asking Price
$14.5–$16.5 /SF/Yr
Price Range
32,149 SF
Avg Space Size
This space is priced 5% below the average of $15.25 /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?
Medical Office Space - Two suites available for lease, medical or office use.
Where is this medical office space located?
The property is located at 2 Empire Drive Rensselaer, NY.
What is the lease rate?
The lease rate is $14.50 SF/Yr.
What are key features of this property?
This property features: Suites can be combined for a total of ±8,596 SF, offering flexible space options.; Located less than 1/2 mile from Exit 9 of I‑90, providing excellent accessibility.; Ample parking available for over 200 vehicles.
