Building Details

Tenancy Single

Listing Agency: SURMOUNT

Listed By: Glen Kunofsky · License #NY 49KU1129178 Show Phone

Source: Crexi

Added: Aug 31 Changed: Sep 11 Last Checked: Sep 11 at 7:37AM

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Investment Insights

Based on property information with market context.

The Midas property at 5453 South Bay Road in North Syracuse, NY, includes approximately 4,038 rentable square feet of building area. The asset is subject to a 20-year Triple Net lease that commenced on September 1, 2026.

The lease provides for 1.50% annual increases beginning in Year 7, adding a defined escalation structure to the tenancy.

Key Highlights

• Midas property at 5453 South Bay Road, North Syracuse, NY 13212
• Approximately 4,038 rentable square feet of building space
• 20‑year Triple Net (NNN) lease

Property Analytics

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Current Use

Midas Auto Repair Shop

Suggested Use

Top Pick Real Estate Agency Building Supply Big Box & Wholesale Store Auto Repair Shop Law Firm Storage Facility

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

Single-tenant

Tenancy

Location Intelligence

Trade Area within ½ mile

585

Businesses Nearby

238k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Dining 45% Shops & Services 39% Groceries 12% Hotels & Casinos 1%

Delta Sonic Car Wash Shops & Services

53,558 visits/mo 0.3 miles

McDonald's Dining

36,942 visits/mo 0.3 miles

Tops Friendly Markets Groceries

29,652 visits/mo 0.3 miles

Dunkin' Donuts Dining

16,146 visits/mo 0.3 miles

Taco Bell Dining

15,998 visits/mo 0.4 miles

Demographics for 13212, NY

20,220

Population

9,213

Households

2.2

Avg Household Size

45

Median Age

28%

College-Educated

93%

High-School Grad

11.1 sq mi

ZIP Area

1,822

Density / Sq Mi

$74,931

Median Household Income

$45,740

Median Earnings

$1,027

Median Rent

$157,400

Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019

7.1% 2020

6.5% 2021

6% 2022

5.7% 2023

5.6% 2024

6% 2025

Questions? Ask Rey

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What type of property is this? Where is this nnn properties located? What is the asking price? Find similar properties What are key features of this property?

Frequently Asked Questions

What type of property is this?

NNN property - The building is leased under a 20-year triple-net agreement with scheduled annual increases.

Where is this nnn property located?

The property is located at 5453 South Bay Road North Syracuse, NY.

What is the asking price?

The asking price for this property is $2,190,391.

What are key features of this property?

This property features: Midas property at 5453 South Bay Road, North Syracuse, NY 13212; Approximately 4,038 rentable square feet of building space; 20‑year Triple Net (NNN) lease