The typical asking rate per listing is in the $10's per square foot per year. The Colonie submarket is experiencing a decrease in rates. In the last 3 months, the median rate decreased $0 per sqft per year. That's a 0% decrease in rent.
In the last 90 days, 4 listings have been listed, which means leases are probably leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 7,500 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this area are approximately 2 floors. Most buildings in this market were built in 1973 and are Class B.