Ithaca Industrial Facility For
20 Bomax Dr, Ithaca, NY 14850
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73,825 SF industrial facility in Ithaca, NY, fully leased.
Type:Industrial
Property size:
73,825 SFPrice / SF:
$89/SF- Added:
- Feb 24, 2026
- Days on Market:
- 86
- Last Refresh:
- Mar 17 at 1:16 pm
Property Features for 20 Bomax Dr
General Information
- Standard status
- Active
- Size
- 73,825 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 1987
Listing agent Scott Warren License #NY 10301220936
Listing office SVN Innovative Commercial Advisors (607) 621-0439
Listing date Feb 24, 2026
Source Crexi
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HighLights
- Fully leased industrial facility with a long‑term (expires May 31, 2031) triple net lease to TransAct Technologies, Inc., a publicly traded company, providing stable and increasing income.
- Strategic location in Ithaca's strongest industrial corridor, near Cornell Business & Technology Park and Ithaca Tompkins International Airport, offering excellent access to transportation routes.
- Purpose‑built, institutional‑quality facility (73,825 SF) custom designed for the current tenant.
- Features a mix of Class A office space (18,066 SF), light manufacturing space (48,259 SF), and high‑bay warehouse space (7,500 SF).
- Equipped with four (4) elevated loading docks, 3‑phase power, full sprinkler coverage, municipal water and sewer.
- Includes a cafeteria, a dramatic atrium with 30‑foot ceiling heights, and ample parking (102 spaces) and truck circulation area.
Overview
This 73,825 SF industrial facility in Ithaca is offered for sale. The property was custom built for the current tenant, TransAct Technologies, Inc., which has occupied the property since 1989. TransAct is a publicly traded company on the NASDAQ, providing long-term tenancy and operational stability. The property is located within one of Ithaca’s strongest industrial corridors, just off the entrance to the Cornell Business and Technology Park and adjacent to Ithaca Tompkins International Airport. This location offers access to regional and national transportation routes and is minutes from Cornell University and Ithaca College, as well as the amenities of the Finger Lakes region. The building features 18,066 SF of Class A office space, 48,259 SF of light manufacturing space, and 7,500 SF of high-bay warehouse space. The facility includes four elevated loading docks, 3-phase power, full sprinkler coverage, municipal water and sewer, a cafeteria, and a dramatic atrium with 30-foot ceiling heights. The site provides 102 parking spaces with parking on three sides of the building, along with ample area for truck loading and circulation. This is a triple net lease expiring May 31, 2031 with scheduled increases. The 2025-2026 annual rent is $480,265.50. The annual rent in the final year of the lease is $520,164.48, providing stable and increasing income. This offering presents an opportunity to acquire a purpose-built, institutional-quality industrial asset with a long-standing public company tenant in a premier Ithaca location.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
TransAct Technologies Inc
Industrial Manufacturer
Location Insight
- Map
- Local Demand
- City
- Ithaca
- County
- Tompkins
- State
- New York
- Longitude
- -76.4699038
- Latitude
- 42.4893823
Nearby Similar for Sale
FAQs
What type of property is this?
Manufacturing property - 73,825 SF industrial facility in Ithaca, NY, fully leased.
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 industrial facility with a long‑term (expires May 31, 2031) triple net lease to TransAct Technologies, Inc., a publicly traded company, providing stable and increasing income.; Strategic location in Ithaca's strongest industrial corridor, near Cornell Business & Technology Park and Ithaca Tompkins International Airport, offering excellent access to transportation routes.; Purpose‑built, institutional‑quality facility (73,825 SF) custom designed for the current tenant.
