5 Lumber Way, Liverpool, NY 13090

This exceptional 21,000-square-foot warehouse, situated on a 4.39-acre lot in Liverpool, NY, presents a compelling investment opportunity. Built in 1992, the property boasts a strong net operating income (NOI) of $430,260, yielding a 9.00% cap rate. Offered at $4,780,667, the price per square foot is $227.65. The property features ample parking with 50 surface spaces and is ideally located in a thriving retail corridor, close to major national tenants such as Walmart, Target, McDonald's, and Starbucks. Its strategic position at the crossroads of NY I-90 and I-81 provides excellent access to transportation networks. The property is also conveniently located within a 15-minute drive of Syracuse Hancock International Airport (6.3 miles). The surrounding area is densely populated, with over 7,000 residents within a one-mile radius and over 51,800 within a three-mile radius. Furthermore, there are over 27,800 daytime employees within a three-mile radius. The lease type is Net-Net, with multi-tenancy. Ground lease terms vary. This property offers a rare combination of strong financials, prime location, and significant potential for future growth. This is a multi-tenant warehouse property.