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Medical Office Building Near Cornell
For Lease
$1,600,000

2432 North Triphammer Road, Ithaca, NY 14850

8,005 SF medical office space for lease or purchase.

Space SizeContact for details
Days on Market145

Property Features for 2432 North Triphammer Road

General Information

Standard status Active
Property subtype Healthcare
Listing Agency: CBRE | Syracuse
Listed By: Lawrence Papaleo · License #Associate Real Estate Broker
Source: Cbre
Added: Mar 25 Changed: Aug 8 Last Checked: Aug 8 at 6:29AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE | Syracuse

Investment Insights

Based on property information with market context.

The property is an 8,005 SF single-story medical office building constructed in 2006. It is available for purchase or lease and offers high visibility. The building is located near the signalized intersection of N. Triphammer Road and Craft Road. Situated among a cluster of healthcare providers, the property is near The Shops at Ithaca Mall and a five-minute drive from Cornell University. Nearby healthcare practices include Cayuga Pet Hospital, Smith Allergy & Asthma Specialists of Central New York, Cayuga Health Outpatient Laboratory, and Dermatology Associates of Ithaca. The property is located 0.7 miles from Rt. 13 and 2.5 miles from Cornell University, and 7 miles from Cayuga Medical Center.

Key Highlights

  • High visibility location near a signalized intersection.
  • Located in a cluster of healthcare providers.
  • Proximity to The Shops at Ithaca Mall and Cornell University.

Property Analytics

Current Use

Ravjyot Chawla Physician Ashlin Thuman Physician Brian Marino, DO Physician Dr. Jonathan Mauser Physician Sara Foster Physician

Suggested Use

Top Pick Real Estate Agency Building Supply Big Box & Wholesale Store Law Firm Auto Repair Shop Garden Center

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

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

466
Businesses Nearby
Well-served
Demand for This Use

Demographics for 14850, NY

69,271
Population
31,772
Households
2.2
Avg Household Size
29
Median Age
72%
College-Educated
96%
High-School Grad
124.8 sq mi
ZIP Area
555
Density / Sq Mi
$69,689
Median Household Income
$36,115
Median Earnings
$1,446
Median Rent
$334,800
Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
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Similar Off Market Nearby

  • Cayuga Pet Hospital 2442 N Triphammer Rd, Ithaca, NY 14850
  • America Veterinary Med History 23 Wedgewood Dr, Ithaca, NY 14850

Frequently Asked Questions

What type of property is this?
Medical Office Space - 8,005 SF medical office space for lease or purchase.
Where is this medical office space located?
The property is located at 2432 North Triphammer Road Ithaca, NY.
What is the lease rate?
The lease rate is $1,600,000.
What are key features of this property?
This property features: High visibility location near a signalized intersection.; Located in a cluster of healthcare providers.; Proximity to The Shops at Ithaca Mall and Cornell University.
More about this property
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