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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

Property Facts

Sale Type
Investment
Property Type
Office
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)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
034601-157-007-0001-046-000-0000
Land Assessment
£16,666
Improvements Assessment
£35,727
Total Assessment
£52,393
  • Listing ID: 29613508

  • Date on Market: 12/04/2024

  • Last Updated:

  • Address: 111 Grant Ave, Endicott, NY 13760

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