Listing Agency: Matthews

Listed By: Isaac Wulff · License #CA

Source: Crexi

Added: Apr 11 Changed: Aug 31 Last Checked: Aug 29 at 3:10PM

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Investment Insights

Based on property information with market context.

Rockwest Center is an office building comprising 417,920 SF. The property is located at 1005 W Fayette St, Syracuse, NY 13204. An 8.88% capitalization rate is identified for the asset.

Key Highlights

• 417,920 SF office building
• 8.88% CAP
• Located at 1005 W Fayette St, Syracuse, NY 13204

Property Analytics

Property Profile

Current Use

Rockwest Center HVAC Service Marble Farms Food Processing Plant J A Crawford Inc Medical Clinic Syracuse City School ... School District Office Permanent Makeup & Nail ... Hair Salon

Suggested Use

Top Pick Electrical Service Carpet & Flooring Store Garden Center (Bike/Boat/Book/etc) Store Pet Store Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,151

Businesses Nearby

Explore this area Business Placement

Demographics for 13204, NY

19,752

Population

10,410

Households

1.9

Avg Household Size

31

Median Age

26%

College-Educated

84%

High-School Grad

4.3 sq mi

ZIP Area

4,593

Density / Sq Mi

$42,585

Median Household Income

$35,609

Median Earnings

$1,054

Median Rent

$97,400

Median Home Value

Market

Vacancy Rate% for Office in Syracuse, NY

12% 2019

12.9% 2020

13.1% 2021

11.6% 2022

13.5% 2023

14.5% 2024

12.7% 2025

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Frequently Asked Questions

What type of property is this?

Office building - Large-scale office property with substantial building area and an identified capitalization rate.

Where is this office building located?

The property is located at 1005 W Fayette St Syracuse, NY.

What are key features of this property?

This property features: 417,920 SF office building; 8.88% CAP; Located at 1005 W Fayette St, Syracuse, NY 13204