Net-Leased Office Building with Bank
For Sale
Contact for pricing
6611 Manlius Center Rd, E Syracuse, NY 13057
Class A net-leased office building with an occupied lower level and a ground-floor bank branch with three drive-thru lanes.
Property Size45,450 SF
Price / SF$319.03
Days on Market156
Property Features for 6611 Manlius Center Rd
General Information
Standard status
Active
Size
45,450 SF
Property subtype
OFFICE
Listing Agency:
CBRE | Syracuse
(315) 491-3646
Listed By:
Bill Anninos · License #30AN0998974
(315) 491-3646
Source:
Moodyscre
Added: Feb 24
Changed: Jul 29
Last Checked: Jul 30 at 11:36AM
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 CBRE | Syracuse
Investment Insights
Based on property information with market context.
The Pathfinder Building is a net-leased, Class A office property offering a total of 30,450± SF on the main building plus a 15,000± SF finished and occupied lower level, all situated on a 2.3-acre parcel. The building also includes a 3,500 SF bank branch on the ground floor with three drive-thru lanes.
The property is fully leased, providing occupancy across the office and lower-level space, as well as the ground-floor bank branch with drive-thru access.
This configuration supports tenants seeking a maintained, institutional office environment with dedicated finished space and a dedicated ground-floor banking footprint.
The property is fully leased, providing occupancy across the office and lower-level space, as well as the ground-floor bank branch with drive-thru access.
This configuration supports tenants seeking a maintained, institutional office environment with dedicated finished space and a dedicated ground-floor banking footprint.
Key Highlights
- 30,450± SF Class A net‑leased office building plus 15,000± SF finished, occupied lower level
- 3,500 SF ground‑floor bank branch with three drive‑thru lanes
- 100% leased building
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $818.1k | $18.00 |
| − Vacancy | −$34.4k | −$0.76 |
| EGI | $783.7k | $17.24 |
| − OpEx | −$235.1k | −$5.17 |
| NOI | $548.6k | $12.07 |
45,450 SF · lease $18.00/SF/yr · vacancy 4.20% · expense 30.00%
Alternative Uses
Best Use
Retail
$7.84M
$6.86M – $9.14M
NOI $548,618 @ 7.0% cap · market cap 3.78%
Second Best
Office B
$6.85M
$5.99M – $7.99M
NOI $479,325 @ 7.0% cap · market cap 3.31%
Theoretical Best
Office A
$7.90M
$6.91M – $9.22M
NOI $552,905 @ 7.0% cap · market cap 3.81%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
400
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
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Class A net-leased office building with an occupied lower level and a ground-floor bank branch with three drive-thru lanes.
Where is this office building located?
The property is located at 6611 Manlius Center Rd E Syracuse, NY.
What is the asking price?
The asking price for this property is $14,500,000.
What are key features of this property?
This property features: 30,450± SF Class A net‑leased office building plus 15,000± SF finished, occupied lower level; 3,500 SF ground‑floor bank branch with three drive‑thru lanes; 100% leased building
