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NNN Walk-In Clinic Investment
For Sale
Contact for pricing
Pending

276-280 Robinson Street Binghamton New York 13904, Binghamton, NY 13904

Fee simple sale of a corporate-signed, NNN walk-in clinic with approximately three years remaining and one extension option.

Property SizeContact for details
Days on Market123

Property Features for 276-280 Robinson Street Binghamton New York 13904

General Information

Standard status Pending
Property subtype Office

Site & Location

Traffic Count 136,000 vehicles/day
Highway Access Yes
Road Access Yes
Listing Agency: SRS Real Estate Partners New York
Listed By: Britt Raymond · License #NY 10491212709
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Aug 11 at 8:11PM

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 SRS Real Estate Partners New York

Investment Insights

Based on property information with market context.

The offering is a fee simple interest (land and building ownership) in a NN leased, corporate-signed walk-in clinic. The current tenant has approximately three years remaining in the lease term, with one five-year option to extend. The lease includes a rental increase of approximately 2.33% in October 2023. Future option-period annual rental increases are described as the greater of the prior period’s rent or a Consumer Price Index (CPI) based adjustment. The property is presented as an NNN investment with limited landlord responsibilities.

The clinic is located in Binghamton, New York, near the interchange of Interstates 81, 86, and 88, and is described as having multiple points of ingress/egress and visibility supported by a large monument sign. The site is across the street from Calvin Coolidge Elementary School, with additional nearby schooling described for operational convenience. The property is approximately five miles from Binghamton University and about 3.5 miles from Lourdes Hospital.

According to the remarks, the tenant has a long historical occupancy and has made significant investments into expanding and remodeling the property. The offering is also described as benefiting from limited nearby walk-in clinic competition based on the stated distance to the next comparable option.

Key Highlights

  • NNN walk‑in clinic with corporate‑signed lease; fee simple land & building ownership sale
  • Approx. 3 years remaining on the current lease term with 1 (5‑year) extension option
  • Lease includes an approx. 2.33% rental increase effective October 2023

Property Analytics

Current Use

Frampton Charles H Employment Agency Dr. Mamadou Diallo, ... Pediatrician Primary Care Associates: ... Physician Dr. Jerome J. ... Geriatric Care Provider Shanna Barran Physician

Suggested Use

Top Pick Real Estate Agency Dental Office HVAC Service Electrical Service Skin Care Clinic Bakery

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

136,000 VPD
Traffic count
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

377
Businesses Nearby

Demographics for 13904, NY

9,236
Population
3,962
Households
2.3
Avg Household Size
46
Median Age
19%
College-Educated
81%
High-School Grad
23.7 sq mi
ZIP Area
390
Density / Sq Mi
$56,794
Median Household Income
$36,038
Median Earnings
$884
Median Rent
$111,200
Median Home Value

Market

Vacancy Rate% for Office in Binghamton, NY

5.7% 2019
6.4% 2020
6.7% 2021
7% 2022
6.7% 2023
4.3% 2024
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Frequently Asked Questions

What type of property is this?
Medical center - Fee simple sale of a corporate-signed, NNN walk-in clinic with approximately three years remaining and one extension option.
Where is this medical center located?
The property is located at 276-280 Robinson Street Binghamton New York 13904 Binghamton, NY.
What are key features of this property?
This property features: NNN walk‑in clinic with corporate‑signed lease; fee simple land & building ownership sale; Approx. 3 years remaining on the current lease term with 1 (5‑year) extension option; Lease includes an approx. 2.33% rental increase effective October 2023
(973) 632-1386 Call to check price and availability
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