Columbia Circle Office Park - 15 Columbia Circle Drive

Off-Market

15 Columbia Circle Drive, Albany, NY 12203

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  • Property Type Office - General Office
  • Property Size 81,894 SF
  • Lot Size 8.1 Acre
  • Parking Spaces Avail. 441
  • Parking Ratio 5.39 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1994

Contacts

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Owner

  • True Owner
  • Registered Owner

Brokers

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Documents

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Sales

  • Purchase Date 23 Mar, 2023
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Mortgages

  • Loan Amount
  • Loan Origination Date
  • Loan Maturity Date

Market Trends

Average Actual Rents in Albany

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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Asking Rents in Albany Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2022 Avg. Asking Rent $21.84
  • 2022 Office Vacancy Rate 12.20%
  • 2022 Office Completions (SF)

Albany Office Sales Trends

All sale prices are based on publicly recorded, verified sales.

  • 2022 Avg. Price per SF $79.38
  • Y-o-Y Avg. PpSF Change -20.83%
  • 2022 Office Sales Volume $140.7M
  • 2022 Number of Transactions 8
View more Albany market trends

Location

Getting Around

  • Walk Score ®

    2/100 Car-Dependent
  • Transit Score ®

    33/100 Some Transit
  • Bike Score ®

    30/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Albany, NY
  • Neighborhood Dunes
  • Zip Code 12203
  • Market Albany

Points of Interest

  • Albany International Airport Taxi Stand

    3.91 miles

  • Capitaland Taxi

    5.60 miles

  • Albany-Rensselaer

    7.33 miles

  • Rensselaer Rail Station Taxi Stand

    7.36 miles

  • Schenectady

    8.86 miles

  • Tesla Supercharger

    0.97 miles

  • Cumberland Farms

    0.99 miles

  • Mobil

    1.08 miles

  • Sunoco

    1.19 miles

  • USA

    1.38 miles

  • BJ's Wholesale Club

    1.41 miles

  • Gulf Express

    1.72 miles

  • USA Gas

    1.75 miles

  • ShopRite - Gas

    1.83 miles

  • Valero

    1.95 miles

  • Rapp Barrens

    0.71 miles

  • Tandem Truck Parking

    0.86 miles

  • Kaikout Kill trailhead

    0.90 miles

  • Albany Pine Bush Discovery Center Parking

    1.20 miles

  • Lot F

    1.34 miles

  • Lot N

    1.45 miles

  • M Lot - Faculty/Staff Permit

    1.45 miles

  • N Lot - Faculty/Staff Permit

    1.51 miles

  • O Lot - Faculty/Staff Permit

    1.52 miles

  • Lot B

    1.58 miles

  • Residence Inn Albany Washington Avenue

    0.81 miles

  • Tru

    1.09 miles

  • Days Inn & Suites by Wyndham Albany

    1.65 miles

  • Quality Inn Central

    1.65 miles

  • Howard Johnson by Wyndham Albany

    1.66 miles

  • Econo Lodge Colonie Center Mall

    1.66 miles

  • Motel 6

    1.68 miles

  • Albany Inn

    1.79 miles

  • Cocca's Inns & Suites Albany Airport

    1.95 miles

  • Hampton Inn Albany-Western Ave/University Area

    1.98 miles

  • Italian American Community Center

    0.30 miles

  • Crossgates Restaurant and Banquet House

    0.47 miles

  • Panera Bread

    0.76 miles

  • World of Beer

    0.85 miles

  • Johnny Rockets

    0.88 miles

  • Athos Restaurant

    0.91 miles

  • Dave & Buster's

    0.91 miles

  • Capital City Diner

    0.93 miles

  • Café Calabria

    0.94 miles

  • The Melting Pot

    0.98 miles

  • Excelsior College

    0.27 miles

  • Westmere Elementary School

    1.14 miles

  • Tech Valley High School

    1.38 miles

  • Colleges of Nanoscale Science and Engineering, State University of New York Polytechnic Institute

    1.52 miles

  • Christ The King School

    1.53 miles

  • School Number 20

    1.80 miles

  • Farnsworth Middle School

    2.02 miles

  • University at Albany, State University of New York

    2.10 miles

  • Guilderland Elementary School

    2.10 miles

  • Academic Podium

    2.13 miles

  • Building 4: Campus Children's Center

    3.11 miles

  • Toyland Daycare Preschool

    4.11 miles

  • Blessed & Humble Daycare

    5.01 miles

  • School's Out Site

    5.53 miles

  • Littleminds

    5.88 miles

  • Our World Montessori

    7.68 miles

  • KinderCare Learning Center

    7.89 miles

  • Niskayuna Community Day Care

    8.92 miles

  • CEO Head Start and Early Head Start

    9.20 miles

  • Commission on Economic Opportunity Head Start

    9.23 miles

Frequently Asked Questions

What is the total square footage of Columbia Circle Office Park - 15 Columbia Circle Drive?

Columbia Circle Office Park - 15 Columbia Circle Drive totals 81,894 square feet.

When was this property built?

Columbia Circle Office Park - 15 Columbia Circle Drive was built in 1994.

When was Columbia Circle Office Park - 15 Columbia Circle Drive last sold?

Columbia Circle Office Park - 15 Columbia Circle Drive was last sold on 23 Mar, 2023.

What is the property tax for Columbia Circle Office Park - 15 Columbia Circle Drive?

The property tax for Columbia Circle Office Park - 15 Columbia Circle Drive in 2023 was $203,607.

What is the market value for Columbia Circle Office Park - 15 Columbia Circle Drive?

The market value* for Columbia Circle Office Park - 15 Columbia Circle Drive in 2023 was $6,936,528.

*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.

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