This Office Property is Off-Market.

85 Civic Center
Poughkeepsie, NY 12601 ·

73,238 SF · Office For Sale

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Landmark Sale Leaseback Building in Dutchess Cty

Price N/A No. Stories 3
Building Size 73,238 SF Tenancy Multiple
Property Type Office Year Built 1974
Property Sub-type Office Building Lot Size 3 SF
Property Use Type Investment APN / Parcel ID 131300-6162-69-090193-0000
Occupancy 45% Parking Ratio 4 / 1,000 SF
Listing ID: 16134398 Date Created: 03/06/2009 Last Updated: 09/10/2009

Description

Sale leaseback opportunity. Marquee location in city of Poughkeepsie. A landmark property. 45% occupied by Gannett on a new 5-year lease (at Closing). In discussions with several additional tenants for the remaining open space. Empire Zone status and eligible for credits. Abundant parking in an onsite private lot, right in the heart of the business district.

Center of Poughkeepsie .Heart of downtown County and municipal office area. Minutes to Route 9. Proximity to food, shopping and amenities.

Highlights

  • Strong presence as a landmark building in the area.
  • Gannett is writing a new 5-year lease at Closing for 31,688 sq. ft
  • Empire Zone status and eligible for credits.
  • Adequate office and warehouse space available to suit varied needs. The warehouse space is easily convertible into many uses.
  • Abundant parking in an onsite private lot, right in the heart of the business district.
  • Located in the center of County municipal offices, a strong legal community, a medical community, and other related professional firms.

Research

85 Civic Center, Poughkeepsie, NY 12601 (Dutchess County)

Property Record Data - Historical Listings, current tax, mortgage, owners & tenant info for this property

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