91 Chenango Brg Rd, Binghamton, NY 13901-1293

This exceptional investment opportunity presents a well-maintained, free-standing medical/professional office building in Binghamton, NY, located at 91 Chenango Bridge Rd. Currently fully occupied with established tenants under triple-net (NNN) leases, this property offers a strong and consistent income stream. The building boasts a compelling 13.24% capitalization rate, making it an attractive proposition for investors seeking high returns. Situated in a prime location, the property benefits from high visibility and significant traffic volume, with approximately 13,000 vehicles passing daily. Its proximity to major thoroughfares like Front Street and Route 12A, along with a dense concentration of businesses (roughly 500 within a 3-mile radius) and a population of 15,000 within the same area, ensures a robust and stable tenant base. Nearby businesses include Chenango Animal Hospital, Batch Coffee, Price Chopper, Tavolo Italian Restaurant, McGirk's Irish Pub, and Guthrie Chenango Bridge Pharmacy, further highlighting the desirability of this location. This is a turnkey investment opportunity with established tenants and a proven track record of success. The property's strong financial performance, coupled with its strategic location, makes it an ideal addition to any investment portfolio. The building's size is not specified in the provided information.