3125 Erie Blvd E 6,000 SF 50% Leased Retail Building East Syracuse, NY 13057 £1,205,440 (£200.91/SF) 7.03% Net Initial Yield
INVESTMENT HIGHLIGHTS
- FedEx Corporation (S&P:BBB) Lease Guarantee
- Two – Five Year Renewal Options
- 25 Years of Occupancy with Approximately Nine Years Remaining on NNN Lease
- Year Built 1999 with a Complete Renovation in 2023
EXECUTIVE SUMMARY
PROPERTY FACTS
AMENITIES
- Bus Route
- Pylon Sign
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
-
- Service type
- 6,000 SF
- -
- NNN
- Dec 2032
For decades, FedEx has been innovating to deliver more. Strengthening supply chains with their global network. Simplifying logistics. Enhancing tracking and visibility. And using data from every journey to make the experience better. FedEx provides customers and businesses worldwide with a broad portfolio of transportation, ecommerce, and business services. They focus on making supply chains smarter for everyone by offering integrated business solutions utilizing their flexible, efficient, and intelligent global network, covering more than 220 countries and territories.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
|
|
Service type | 6,000 SF | - | NNN | Dec 2032 |
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- POSITION
- AVAILABLE
FedEx is downsizing in this freestanding building, offering 3,000 SF of retail space ready for a new tenant! There is ample parking available, as well as great frontage and a pylon sign.
| Space | Size | Space Use | Position | Available |
| 1st Floor | 3,000 SF | Retail | End Cap | Now |
1st Floor
| Size |
| 3,000 SF |
| Space Use |
| Retail |
| Position |
| End Cap |
| Available |
| Now |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 312601-009-000-0008-006-000-0000 | Improvements Assessment | £721,531 |
| Land Assessment | £113,010 | Total Assessment | £834,541 |
