Retail Space /NY /Onondaga County /East Syracuse /3125 Erie Blvd E
Retail Space /NY /Onondaga County /East Syracuse /3125 Erie Blvd E

3125 Erie Blvd E - Freestanding FOR SALE


East Syracuse, NY 13057 | 
$1,650,000 USD
315-424-1111
3125 Erie Blvd E, East Syracuse, NY for Sale
$1,650,000 USD
Freestanding - FOR SALE
1/3
null | 7% Cap Rate
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3125 Erie Blvd E
East Syracuse, NY 13057

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HIGHLIGHTS

  • FedEx Corporation (S&P:BBB) Lease Guarantee
  • 25 Years of Occupancy with Approximately Nine Years Remaining on NNN Lease
  • Two – Five Year Renewal Options
  • Year Built 1999 with a Complete Renovation in 2023

OVERVIEW

Prime Investment opportunity with FedEx/Corporate Guarantee. Complete renovation of the property in 2022-23 for FedEx which has been the tenant for approximately 25 years. Recent 4th extension for 10 years with two 5 year renewal options.

FOR SALE DETAILS

PRICE

$1,650,000 USD

PRICE/SF

$275 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1999

SPRINKLERS

-

PARKING SPACES

29

LAND DETAILS

LAND ACRES

0.56 AC

LAND SF

24,394 SF

ZONING

05

APN/PARCEL ID

312601-009-000-0008-006-000-0000

ASK ABOUT THIS PROPERTY

Barton FeinbergSutton Real Estate Company, LLCMore Info
315-424-1111

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Barton FeinbergSutton Real Estate Company, LLCMore Info
315-424-1111

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

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