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20 Bomax Dr Ithaca, NY 14850

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For Sale
$6,599,000

Fully leased industrial facility with long-term tenant in Ithaca.

Building Details

Year built
1987

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Listing Contact
Angela Becker
Source: Svn

Listing Agent: Angela Becker

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Ithaca Industrial Facility For Sale

This 73,825 square foot industrial facility in Ithaca is offered for sale. The property is fully leased to TransAct Technologies, Inc., a publicly traded company on the NASDAQ, which has occupied the property since 1989. The building features 18,066 square feet of Class A office space, 48,259 square feet of light manufacturing space, and a 7,500 square foot high-bay warehouse. It includes 4 elevated loading docks, 3-phase power, a full sprinkler system, and municipal water and sewer services. There are 102 parking spaces available. The property also features a cafeteria and a 30-foot atrium ceiling. The location is just off the entrance to Cornell Business and Technology Park and adjacent to Ithaca Tompkins International Airport, providing convenient regional and national travel options. It is also located minutes from Cornell University and Ithaca College. The lease is a true NNN lease with scheduled increases.
Location Intelligence

Current Use by Public Records

TransAct Technologies Inc Industrial Manufacturer

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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City
Ithaca
County
Tompkins
State
New York
Longitude
-76.4699038
Latitude
42.4893823

FAQs

What type of property is this?
Manufacturing property - Fully leased industrial facility with long-term tenant in Ithaca.
Where is this manufacturing property located?
The property is located at 20 Bomax Dr Ithaca, NY.
What is the asking price?
The asking price for this property is $6,599,000.
What are key features of this property?
This property features: - Fully leased to TransAct Technologies, Inc. (NASDAQ-listed tenant), providing stable income and a strong credit profile.; - Long-term occupancy with the tenant in place since 1989, demonstrating commitment and stability.; - Premier location within one of Ithaca’s strongest industrial markets and adjacent to Ithaca Tompkins International Airport.
More about this property
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