Albany Retail

Albany

Market Report

Number of Listings
Posted in the last 90 days
23
Median Rate ($/sqft/yr)
$18
Median Size (sqft)
3,920

Albany Rates

The typical asking rate per listing is in the $10's per square foot per year. The Albany region is going through a decrease in rates. In the last 3 months, the median rate fell $3 per sqft per year. That's a 13% decline in rent.

Albany Listing Supply

In the last 90 days, 339 listings have come on the market, so you'll want to check back regularly for new listings. About 9% of the available space in the Albany are subleases, so you will probably need to consider the implications of signing a direct lease with the building. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

Even though the median size is 3,920 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this area are approximately 3 stories. Most buildings in this region were built in 1966 and are Class A.

Albany Community

Market Data

Real time and historical data on commercial real estate listings in Albany.
Research