500 Patroon Creek BlvdAlbany, NY 12206

For Sale
$12,600,000

Class A Office, 180,000 SF, $70/SF

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional Class A, 180,000-square-foot executive office building is strategically located on Albany's Washington Avenue Medical Corridor, offering unparalleled visibility and accessibility. Situated near Exit 4 of I-90 and Washington Avenue, it benefits from over 116,000 cars passing daily, with prominent signage rights available. The property boasts a wealth of amenities including a large on-site cafeteria with a commercial kitchen, a fully equipped fitness center complete with locker rooms and showers, and approximately 1,100 parking spaces (a 6:1000 sq ft ratio). Further enhancing its appeal is a +/- 4,500 square foot data center. The building features a boardroom, multiple conference rooms, private offices, and open workspaces. Priced significantly below replacement cost, this property presents a compelling investment opportunity. Its flexible design allows for easy subdivision and adaptation to multi-tenant occupancy, making it suitable for a variety of uses and potential tenants. The location provides convenient access to Albany International Airport, within 15 minutes. The building is ready for immediate occupancy and offers a build-to-suit option. Asking price is $12,600,000.

Highlights

  • Prime Washington Avenue location in Albany's professional corridor.
  • Excellent access via I-90 (Exit 4) and Route 85.
  • Close proximity to Albany International Airport (under 15 minutes).
  • High visibility with over 116,000 vehicles passing daily.
  • Modern office space featuring a boardroom, multiple conference rooms, private offices, and open work areas.
  • On-site cafeteria and commercial kitchen.

Property Details for 500 Patroon Creek Blvd

Property type
Other office properties, Office properties
Square Feet
180,000 SF
Class
A

Location Insight

City
Albany
County
Albany
State
New York
Latitude
42.683892
Longitude
-73.805346
500 Patroon Creek Blvd, Albany, New York

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500 Patroon Creek Blvd
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