Listed by CBRE - Albany
$1,260,000
12 Avis Dr
Details
Property Type Office
Sub Type Traditional Office
Square Footage 23,127
Net Rentable (SqFt) 11,500
Tenancy Multi
Lease Type Gross
Year Built 1968
Buildings 1
Stories 1
Zoning ABA
Office for Sale and Lease
Marketing description
Offered for Sale or Lease is a ±23,127 SF office building situated on 2.6 acres in the town of Colonie Airport Business Area (ABA) Zone. Property offers an excellent opportunity for an owner occupier with multiple short-term leases for immediate cash flow. Property has a mailing address of 12 Avis Drive but is referred to as 14 Avis Drive in public record.
Investment highlights
- ±50% occupied
- ±2.6 acre site
- From ±500 SF to 3,000+ SF available for lease
- Owner user or investment opportunity
- Short term leases
- Potential conversion property
- Close to Albany International Airport
- 8/10 mile from I-87 Exit 6
- 3 months free rents on leases of 2+ years
Listing Contacts
Listed by CBRE - Albany
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--
Valuation Metrics
0
DSCR
--
Cap Rate
--
ROI
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Is there information that looks off?
