375 Bay Rd
Queensbury, NY 12804
Bay Road Office · Property For Lease

Dec 2025-LL open to 6 months of NNN PMT only[~ $4/SF] for solid 5 yr lease. 6,955 SF available for lease at $12/SF, NNN. Two suites [ each ~ 3,488sf] across from each other on 2nd level. Mainly open bullpen w/perimeter offices, kitchenette, numerous windows, excellent natural light.....For Sale at $2.395MM:[ ~ 10% Cash-on-Cash | ~ 9.19% Cap Rate...NOI of ~ $219,983 w/vacancy], 100% Bonus Depreciation using Cost Segregation [~ $ 428k to $624K]. GSA tenant-no early release...Great asset w/over $300K in current income to off-set monthly operating expenses. Professional building, multi-tenanted w/both medical & gov’t entities[renewed 10 yr lease w/ ~ $300K in upgrades, 8 yrs remain] Well maintained, two story complex inside & out. Suites consists of bullpen areas[one w/numerous cubicles (± 50) ready for occupancy], perimeter offices, conference rooms, kitchenettes, plenty of windows [natural light] & security features. Signage available. Potential for expansion w/gov’t approvals. #’s available to qualified buyer[s]. 100% Bonus Depreciation-Cost Segregation [tax reduction] potential. Silicon Valley of the East! Region destined to become w/help of Nvidia co-founders investment at RPI.