Erie Boulevard Investment
For Sale
Contact for pricing
3125 Erie Blvd E, East Syracuse, NY 13057
6,000 SF property with long-term FedEx lease.
Property Size6,000 SF
Price / SF$250
Days on Market736
Property Features for 3125 Erie Blvd E
General Information
Standard status
Active
Size
6,000 SF
Class
A
Total Parking Spaces
35
Property subtype
Retail
Zoning
Commercial
Occupancy
100%
Lease Type
NNN
Investment Type
Net Lease
Net Operating Income
$119,788
Building Details
Year Built
1999
Year Renovated
2023
Buildings
1
Stories
1
Units
2
Tenancy
Single
Listing Agency:
Sutton Real Estate Company LLC
Listed By:
Barton Feinberg · License #NY 30FE1034180
(315) 424-1111
Source:
Crexi
Added: Aug 28, 2024
Changed: Aug 19
Last Checked: Sep 2 at 6:51AM
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 Sutton Real Estate Company LLC
Investment Insights
Based on property information with market context.
Located at 3115-3117 Erie Blvd. E. in DeWitt, NY, this property presents an investment opportunity. The 6,000 sq ft building is occupied by FedEx Corporation and features a NNN lease with approximately nine years remaining. The property was completely renovated in 2023. It includes more than 30 parking spaces. Situated in a high-traffic area with favorable demographics, the location benefits from a densely populated surrounding area. The property is located near a strong daytime employee and household base.
Key Highlights
- Tenant is FedEx Corporation (S&P:BBB) providing a stable, reliable income stream
- Attractive 7.73% cap rate
- NNN lease with approximately nine years remaining
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
31
Businesses Nearby
Explore this area
Business Placement
Demographics for 13057, NY
14,676
Population
6,744
Households
2.2
Avg Household Size
46
Median Age
31%
College-Educated
93%
High-School Grad
27.7 sq mi
ZIP Area
530
Density / Sq Mi
$77,908
Median Household Income
$47,531
Median Earnings
$990
Median Rent
$159,800
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - 6,000 SF property with long-term FedEx lease.
Where is this nnn property located?
The property is located at 3125 Erie Blvd E East Syracuse, NY.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Tenant is FedEx Corporation (S&P:BBB) providing a stable, reliable income stream; Attractive 7.73% cap rate; NNN lease with approximately nine years remaining
