Industrial Facility Leased to
21 Sullivan Pkwy, Fort Edward, NY
Call to check price and availability
17,352 SF industrial facility fully leased to Ferguson Enterprises.
Type:INDUSTRIAL
Property size:
17,352 SFLot size:
1.22 AcresPrice / SF:
$85/SF- Added:
- Aug 22, 2025
- Days on Market:
- 272
- Last Refresh:
- Apr 5 at 9:09 pm
Property Features for 21 Sullivan Pkwy
General Information
- Standard status
- Active
- Size
- 17,352 SF
- Lot size
- 1.22 Acres
- Property subtype
- INDUSTRIAL
Listing agent Daniel Murphy (845) 548-6885
Listing office Matthews Real Estate Investment Services | Dallas (845) 548-6885
Listing date Aug 22, 2025
Source Moodyscre
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 Matthews Real Estate Investment Services | Dallas
HighLights
- Credit Tenant: Fully leased to Ferguson Enterprises.
- Attractive Financials: $118,800 annual rent with a 7.25% cap rate.
- Tenant responsible for taxes, insurance, and common area maintenance.
- Strategic Location: Immediate access to US‑4, NY‑197, Canadian Pacific rail line, and I‑87.
- Prime Industrial Asset: ±17,352‑square‑foot facility on ±1.22 acres with 26‑foot clear heights.
- Functional space with two dock‑high doors and one oversized drive‑in door.
Overview
The property at 21 Sullivan Parkway in Fort Edward, NY, is a 17,352-square-foot industrial facility on 1.22 acres. Constructed in 1990, it features 26-foot clear heights, two dock-high doors, and one oversized drive-in door, suitable for distribution and service operations. The property is fully leased to Ferguson Enterprises, a leading HVAC and plumbing distributor with over 18,000 locations in North America. The current annual rent is $118,800, or $94.43 per square foot. The tenant is responsible for taxes, insurance, and common area maintenance, with the landlord responsible for structural repairs. The property is located in a growing industrial hub along the Hudson River, with access to US-4, NY-197, the Canadian Pacific rail line, and the I-87 corridor connecting to the Albany MSA. The area has received public investment, including a $4.7 million New York State grant for infrastructure upgrades, enhancing its appeal for industrial users.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Ferguson Industrial
Factory
Linuo Valves
Industrial Manufacturer
Location Insight
- Map
- Local Demand
- City
- Fort Edward
- County
- Washington
- State
- New York
- Longitude
- -73.5904
- Latitude
- 43.2828
Nearby Similar for Sale
FAQs
What type of property is this?
Distribution property - 17,352 SF industrial facility fully leased to Ferguson Enterprises.
Where is this distribution property located?
The property is located at 21 Sullivan Pkwy Fort Edward, NY.
What is the asking price?
The asking price for this property is $1,485,000.
What are key features of this property?
This property features: Credit Tenant: Fully leased to Ferguson Enterprises.; Attractive Financials: $118,800 annual rent with a 7.25% cap rate.; Tenant responsible for taxes, insurance, and common area maintenance.
