260 Tompkins Street, Cortland, NY 13045

Listing office Exclusive Realty s***@exclusive-realty.com Show Phone

Listing date Jun 25, 2026

Source Exclusive-realty

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 Exclusive Realty

Report an issue

---

Overview

The Cayuga Health Medical Facility is a newly constructed 21,200 SF Class A healthcare center delivered in 2022. The property is fully leased to Cayuga Health. The tenant is Cayuga Medical Associates, PC, part of the Cayuga Health System. The lease runs through 2034 and includes a corporate guarantee, with built-in annual rent escalations beginning in Year 6 at 2.2%. The facility was designed to accommodate an addition.

Located at 260 Tompkins Street in Cortland, New York, the facility is described as serving communities across the Finger Lakes and Central New York through Cayuga Health’s hospitals and outpatient centers.

For prospective investors or operators, the asset is structured around a long-term, mission-critical healthcare tenant relationship, with a net lease framework and corporate guarantee as described in the offering remarks. The public materials also note a 6.50% cap rate and highlight the outpatient specialty practice footprint within the Cayuga Health System.

Suggested Use

Restaurant Spa & Massage Center Hair Salon Nail Salon Bakery Home Appliance Store Storage Facility Car Rental Facility Bed & Breakfast Coworking & Hybrid Office

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

Location Insight

• Map
• Local Demand

City

Cortland

County

Cortland

State

New York

Longitude

-76.1831

Latitude

42.5863

Nearby Similar for Lease

• 

  $185,000 SF/Yr

  1,840 SF

  Flexible Retail Studio Space

  Versatile retail space in Cortland with a creative-studio layout suited to multiple small business concepts.

  74 Hamlin Street, Cortland, NY 13045

  View Details
• 

  $15 SF/Yr

  12,096 SF

  Professional Office Building for Lease

  Well-maintained office suites with private offices, conference rooms, and bright open floor plans in an accessible commercial corridor.

  1-5 Clayton Avenue, Cortland, NY 13045

  View Details
• 

  $15 SF/Yr

  39,500 SF

  First-Floor Commercial Space

  Flexible first-floor layout on Main Street, suited for retail, office, or restaurant uses in a landmark building.

  110 Main Street, Cortland, NY 13045

  View Details
• 

  $795/Mo

  1,300 SF

  Renovated Storefront on Main Street

  Recently renovated 1,300 SF storefront in high-traffic area.

  130 Main St, Cortland, NY 13045

  View Details
• 

  $185,000 SF/Yr

  2,000 SF

  Versatile Commercial Property in Cortland

  Adaptable commercial space in Cortland's West End, suitable for various ventures.

  74 Hamlin St, Cortland, NY 13045

  View Details
• 

  $300/Mo

  Professional Office Space Available

  Flexible office space in a prime, accessible corner location.

  1 Main St, Cortland, NY 13045

  View Details
• 

  $15 SF/Yr

  Professional Office Building For Lease

  Well-maintained office building in accessible commercial corridor with flexible layout.

  1-5 Clayton Ave, Cortland, NY 13045

  View Details
• 

  Contact for pricing

  1,100 SF

  Restaurant Space Near Greek Peak

  Restaurant space with outdoor seating near a ski resort.

  1208 Church St, Cortland, NY 13045

  View Details
• 

  $1,900/Mo

  1,400 SF

  Medical Office Suite For Rent

  Established medical office suite near Cortland hospital, 1400 square feet.

  6 Euclid Ave, Cortland, NY

  View Details
• 

  Contact for pricing

  Prime Retail/Office Space in Cortland

  High-visibility retail/office space in Cortland's Central Business District.

  11 Clinton Ave, Cortland, NY 13045

  View Details
• 

  $1,300/Mo

  1,072 SF

  Premier Office Space Available

  Over 1000 sq. ft. office space for rent.

  165 Main Street, Cortland, NY 13045

  View Details
• 

  $247 SF/Yr

  100 SF

  Cortland Office Space For Rent

  Prime office space available in a premier Cortland building.

  1 N Main Street, Cortland, NY 13045

  View Details

FAQs

What type of property is this?

Medical center - Newly built, fully leased healthcare center with a lease extending through 2034 and annual escalations beginning in Year 6.

Where is this medical center located?

The property is located at 260 Tompkins Street Cortland, NY.

What is the lease rate?

The lease rate is $9,422,222.

What are key features of this property?

This property features: Newly constructed 21,200 SF Class A healthcare center delivered in 2022; Fully leased to Cayuga Health with a lease term through 2034; NN lease with corporate guarantee for longer‑term income certainty