Retail
For Sale
Contact for pricing
7234 Oswego Rd, Liverpool, NY 13090
Commercial retail space in the Syracuse metropolitan area with access to Interstate 90 and Interstate 81.
Property Size7,920 SF
Price / SF$244.31
Days on Market17
Property Features for 7234 Oswego Rd
General Information
Standard status
Active
Size
7,920 SF
Property subtype
Retail
Lease Type
Absolute NNN
Additional Details
Highway Access
Yes
Building Details
Tenancy
Single
Listing Agency:
Marcus & Millichap - The Zylberglait Group
Listed By:
Alex Zylberglait · License #FL BK3015211
Source:
Crexi
Added: Jul 24
Changed: Aug 3
Last Checked: Aug 8 at 3:20PM
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 Marcus & Millichap - The Zylberglait Group
Investment Insights
Based on property information with market context.
This 7,920-square-foot retail property is located at 7234 Oswego Rd in Liverpool, New York. The asset is positioned within the Syracuse metropolitan area and offers a substantial commercial footprint for retail operations.
Liverpool is a lakeside suburb northwest of Syracuse on the northern shore of Onondaga Lake. Regional access includes Interstate 90, the New York State Thruway, and Interstate 81. The surrounding area includes Onondaga Lake Park, Destiny USA, and the Salt Museum, providing established recreational, shopping, and cultural destinations nearby.
Liverpool is a lakeside suburb northwest of Syracuse on the northern shore of Onondaga Lake. Regional access includes Interstate 90, the New York State Thruway, and Interstate 81. The surrounding area includes Onondaga Lake Park, Destiny USA, and the Salt Museum, providing established recreational, shopping, and cultural destinations nearby.
Key Highlights
- 7,920‑square‑foot retail property
- Located at 7234 Oswego Rd, Liverpool, NY 13090
- Within the Syracuse metropolitan area
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$95,601
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.94%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,912,020
$1.9M
Cap Rate 7%
$1,365,729
$1.4M
Cap Rate 9%
$1,062,233
$1.1M
Market Conditions
NOI Build-Up for 7,920 SF
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.
Gross rent
$142.6K $18.00/SF
− Vacancy
−$6.0K −$0.76/SF
EGI
$136.6K $17.24/SF
− OpEx
−$41.0K −$5.17/SF
NOI
$95.6K $12.07/SF
Area
Onondaga County, NY
Vacancy
4.20%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,912,020
Cap Rate 7%
$1,365,729
Cap Rate 9%
$1,062,233
Alternative Uses
Best Use
Retail
$1.37M
$1.20M – $1.59M
NOI $95,601 @ 7.0% cap · market cap 4.94%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.38M
$1.20M – $1.61M
NOI $96,348 @ 7.0% cap · market cap 4.98%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
273
Businesses Nearby
18k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 62%
Shops & Services 38%
Dunkin' Donuts
Dining
11,081 visits/mo
0.2 miles
Kwik Fill
Shops & Services
4,720 visits/mo
0.5 miles
Napa Auto Parts
Shops & Services
1,245 visits/mo
0.1 miles
Public Storage
Shops & Services
854 visits/mo
0.5 miles
Demographics for 13090, NY
30,472
Population
12,591
Households
2.4
Avg Household Size
39
Median Age
42%
College-Educated
95%
High-School Grad
14.6 sq mi
ZIP Area
2,087
Density / Sq Mi
$90,315
Median Household Income
$53,198
Median Earnings
$1,294
Median Rent
$196,600
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Commercial retail space in the Syracuse metropolitan area with access to Interstate 90 and Interstate 81.
Where is this retail space located?
The property is located at 7234 Oswego Rd Liverpool, NY.
What is the asking price?
The asking price for this property is $1,934,933.
What are key features of this property?
This property features: 7,920‑square‑foot retail property; Located at 7234 Oswego Rd, Liverpool, NY 13090; Within the Syracuse metropolitan area
