Square Deal Place | 111 Grant Ave
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Square Deal Place 111 Grant Ave
33,650 SF 100% Leased 4-Star Office Building Endicott, NY 13760 £2,542,963 (£76/SF) 8.10% Net Initial Yield
Investment Highlights
- 111 Grant Avenue is a fully occupied 32,800-square-feet office building with proximity and accessibility to Highway 17 and Interstate 86.
- Located in a highly walkable area and boasting a strong corporate image for a professional work environment.
- 111 Grant Avenue is near the roughly 3 million-square-foot Phoenix Campus, which is home to BAE Systems, Imperium 3, Geodis, IBM, and more.
- Stabilized investment opportunity that offers a diverse tenant roster with staggered leases and a strong renewal history.
- Over 47,000 residents live within a 3-mile radius and tallied a consumer spending total of nearly $600 million in 2023.
- Surrounded by national retailers and service providers, including Wendy’s, McDonald’s, Subway, Domino’s, Dollar General, and more.
Executive Summary
Class A, Fully Leased executive office building located in the Greater Binghamton MSA. Expansive Parking, Immediate Interstate access, Maintained at a very high level. Very walkable and close to all amenities. State of the art IT and Security. Elevator Served.
Data Room Click Here to Access
- Offering Memorandum
- Operating and Financials
- Purchase Agreement
- Third Party Reports
- Title and Insurance
Property Facts
Sale Type
Investment
Property Type
Building Size
33,650 SF
Building Class
A
LoopNet Rating
4 Star
Year Built/Renovated
1979/2016
Price
£2,542,963
Price Per SF
£76
Net Initial Yield
8.10%
NOI
£205,980
Percent Leased
100%
Tenancy
Multiple
Number of Floors
2
Typical Floor Size
16,825 SF
Slab to Slab
11 ft
Building FAR
0.37
Lot Size
2.10 AC
Opportunity Zone
Yes
Zoning
Comm - General Professional Office
Parking
150 Spaces (4.46 Spaces per 1,000 SF Leased)
Amenities
- Atrium
- Bus Route
- Controlled Access
- Conferencing Facility
- Courtyard
- Property Manager on Site
- Security System
- Lift Access
- Monument Signage
- Air Conditioning
Walk Score ®
Very Walkable (82)
PROPERTY TAXES
Parcel Number | 034601-157-007-0001-046-000-0000 | Improvements Assessment | £35,727 |
Land Assessment | £16,666 | Total Assessment | £52,393 |
PROPERTY TAXES
Parcel Number
034601-157-007-0001-046-000-0000
Land Assessment
£16,666
Improvements Assessment
£35,727
Total Assessment
£52,393
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Square Deal Place | 111 Grant Ave
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