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3125 Erie Blvd E East Syracuse, NY 13057

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6,000 SF property with long-term FedEx lease.

Type:Retail
Property size:
6,000 SF
Added:
Aug 28, 2024
Days on Market:
598
Last Refresh:
Mar 17 at 1:26 pm

Property Features for 3125 Erie Blvd E

General Information

Standard status
Active
Size
6,000 SF
Property subtype
Retail

Building Details

Year Built
1999

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Listing Contact
Barton Feinberg

Listing agent Barton Feinberg License #NY 30FE1034180

Listing office Sutton Real Estate Company LLC

Listing date Aug 28, 2024

Source Crexi

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


Overview

Erie Boulevard Investment Opportunity

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.
Location Intelligence

Current Use by Public Records

NNN properties

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
East Syracuse
County
Onondaga
State
New York
Longitude
-76.0418
Latitude
43.1073

FAQs

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
More about this property
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