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    FOR LEASE
    Office buildings

    40 Media Dr, Queensbury, NY 12804

    66,008 SF 6.18 ac lot Built 2007
    Entity Owned 7-yr Hold ~ Est. High Equity
    Property ID
    US63-3780040
    Property summary
    AI-generated overview

    This exceptional Class A office building at 40 Media Drive offers a rare opportunity for businesses seeking premium space. The single-tenant building, constructed in 2007, boasts a total of 66,060 square feet, with 41,234 square feet currently available. The property is situated on a generous 6.75-acre lot, providing ample space and visibility. The building features a two-story design with a 10-foot ceiling height, creating a bright and spacious environment. Parking is abundant, with 425 private spaces available for tenants and their guests. The building is equipped with robust power capabilities, including 480 Volts, 1600 Amp, 3-phase power. Its convenient location off Exit 18 of the Adirondack Northway (I-87) ensures easy access for employees and clients. The property is zoned for commercial use and offers excellent signage opportunities, both monument and building signage are available. This is an ideal location for a variety of businesses, from traditional office spaces to executive suites and medical offices. The flexible space allows for customization to meet specific business needs. Don't miss this chance to secure a prime location for your business's future growth.

    Property profile
    Verified
    Property type Office buildings
    Use group PROFESSIONAL BUILDING
    Year built 2007
    Total area 66,008 SF
    Lot 6.18 ac (269,201 SF)
    Zoning code MS
    APN 523400 309.10-1-82.1
    UPID US63-3780040
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Gracenote, Inc Media Distribution
    • Hudson Headwaters 340B, LLC Pharmacy
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $6.73M
    Blend (final) Blend
    $7.02M
    Owner & transaction history
    Bbl Tribune LLC · 7 yrs held
    Bbl Tribune LLC
    since 2018
    4 recorded transactions
    2018
    $695,750
    2018
    2007
    $67,900
    1969
    Zoning & alternative use
    MS · Queensbury, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Commercial (general) $11.3M +22.2%
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    More about this property
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