Montgomery Industrial Facility For
138 Bracken Rd, Montgomery, NY 12549
Single-tenant industrial facility leased to Cintas Uniform Services.
Type:Industrial
Property size:
12,928 SFLot size:
2.09 AcresPrice / SF:
$221/SF- Added:
- Mar 2, 2026
- Days on Market:
- 71
- Last Refresh:
- Mar 16 at 1:55 pm
Property Features for 138 Bracken Rd
General Information
- Standard status
- Active
- Size
- 12,928 SF
- Lot size
- 2.09 Acres
- Property subtype
- Industrial
Building Details
- Year Built
- 1987
Listing agent Asher Wenig License #10301219652
Listing office SAB Capital
Listing date Mar 2, 2026
Source Crexi
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 SAB Capital
HighLights
- Mission‑critical industrial facility 100% leased to Cintas Uniform Services (NASDAQ: CTAS), with credit ratings of A- (S&P) and A3 (Moody’s).
- Over seven years of remaining lease term expiring June 30, 2033, with 2.5% annual rent escalations.
- Significant recent capital investments by Cintas, including roof work, full HVAC replacement, and a $300,000 parking lot replacement and expansion, reducing near‑term capital exposure.
- Strategic location in an established industrial corridor in the Hudson Valley with convenient access to Interstate 84 and Interstate 87, providing strong connectivity.
- NN+ lease structure with limited landlord responsibilities (roof and structural components only).
- Cintas executed an eight‑year lease extension upon completion of parking lot improvements, indicating long‑term commitment to the location.
Overview
The property is a single-tenant industrial facility located at 138 Bracken Road in Montgomery, New York. The building contains approximately 12,928 square feet, including about 10,428 square feet of warehouse space and 2,500 square feet of office space, and is situated on approximately 2.09 acres. The property is 100% leased to Cintas Uniform Services under a NN+ lease structure, with landlord responsibility limited to roof and structural components. The lease commenced on July 1, 2009 and expires on June 30, 2033, with 2.5% annual rent escalations. Cintas executed an eight-year lease extension upon completion of a major parking lot replacement and expansion. Cintas has made capital investments at the property in recent years, including roof work completed in 2024, full HVAC replacement in 2024, a parking lot replacement and expansion totaling approximately $300,000, and ongoing interior improvements. The Montgomery location functions as a route-based service hub, supporting approximately 24 active service routes throughout the Hudson Valley. The facility services a broad regional footprint including Kingston, Middletown, Monroe, Montgomery, Newburgh, Peekskill, Poughkeepsie, Nanuet, New Windsor, and surrounding communities. The property benefits from access to Interstate 84 and Interstate 87, with connectivity to New York City and the broader Northeast corridor.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Cintas Uniform Services
(Bike/Boat/Book/etc) Store
Cintas Facility Services
Big Box & Wholesale Store
Similar Places Nearby
- U-Pack — 122 Bracken Rd, Montgomery, NY 12549
- Beehive Self Storage — 155 Bracken Rd, Montgomery, NY 12549
Location Insight
- Map
- Local Demand
- City
- Montgomery
- County
- Orange
- State
- New York
- Longitude
- -74.1902887
- Latitude
- 41.5217129
Nearby Similar for Sale
FAQs
What type of property is this?
Warehouse - Single-tenant industrial facility leased to Cintas Uniform Services.
Where is this warehouse located?
The property is located at 138 Bracken Rd Montgomery, NY.
What is the asking price?
The asking price for this property is $2,869,565.
What are key features of this property?
This property features: Mission‑critical industrial facility 100% leased to Cintas Uniform Services (NASDAQ: CTAS), with credit ratings of A- (S&P) and A3 (Moody’s).; Over seven years of remaining lease term expiring June 30, 2033, with 2.5% annual rent escalations.; Significant recent capital investments by Cintas, including roof work, full HVAC replacement, and a $300,000 parking lot replacement and expansion, reducing near‑term capital exposure.
