85 Civic Center
Poughkeepsie, NY 12601 ·
73,238 SF · Office For Sale
Landmark Sale Leaseback Building in Dutchess Cty
|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|
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.
- 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.
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