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5 Clinton Sq
5,800 SF of Office Space Available in Albany, NY 12207
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 2nd Floor | 5,800 SF | Negotiable | $16.00 /SF/YR $1.33 /SF/MO $92,800 /YR $7,733 /MO | Modified Gross |
2nd Floor
The office spaces within 5 Clinton Square seamlessly blend historical charm with modern functionality. Renovations and updates over the years have carefully preserved the building's heritage while ensuring it meets contemporary office standards. Occupants benefit from the unique atmosphere and aesthetic appeal, creating a distinctive and inspiring work environment.
- Listed rate may not include certain utilities, building services and property expenses
- Fully Built-Out as Professional Services Office
- Office intensive layout
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS FOR 5 Clinton Sq , Albany, NY 12207
| Property Type | Retail | Year Built | 1832 |
| Property Subtype | Storefront Retail/Office | Parking Ratio | 1.3/1,000 SF |
| Gross Leasable Area | 11,750 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 11,750 SF |
| Year Built | 1832 |
| Parking Ratio | 1.3/1,000 SF |
About the Property
The office spaces within 5 Clinton Square seamlessly blend historical charm with modern functionality. Renovations and updates over the years have carefully preserved the building's heritage while ensuring it meets contemporary office standards. Occupants benefit from the unique atmosphere and aesthetic appeal, creating a distinctive and inspiring work environment. Additionally, the location offers excellent proximity to key landmarks and amenities, including the nearby park, the 787 exit, the courthouse, the Palace Theater, and the Federal building, making it a convenient and vibrant location for business.
- 24 Hour Access
- Bus Line
- Freeway Visibility
- Restaurant
- Signage
- Signalized Intersection
- Tenant Controlled HVAC
- Air Conditioning
Nearby Major Retailers
Contacts
-
Karen Zalewski-Wildzunas -
Paul Bowers -
Berkshire Hathaway Home Services Blake Realtors
Presented by
5 Clinton Sq
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