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Adler Commons 4 Adler Dr 20,000 SF 25% Leased Office Building East Syracuse, NY 13057 $895,000 ($44.75/SF) 11.78% Cap Rate
INVESTMENT HIGHLIGHTS
- Handicap Accessible
- Central Location and 75 Parking Spaces
- Recently Remodeled
EXECUTIVE SUMMARY
Excellent value for the price at over 20,000 sf with handicap accessibility. Remodeled in 2025 with roof redone 2020, five out of 8 new HVAC units 2025, front 10,000 sf building interior, bathrooms, entry and wheelchair enclosed lift 2025. Close access to throughway at exit 35 (Carrier Circle)or 481. Downtown Syracuse and Micron less than 10 miles. 25% of the building has excellent tenant lease with 15,000 sf available. Dead end street with excellent exterior lighting and security system along with 77 parking spaces (3.5 per thousand). Buyer brokers welcome.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Building Size
20,000 SF
Building Class
B
Year Built
1975
Price
$895,000
Price Per SF
$44.75
Cap Rate
11.78%
NOI
$105,400
Percent Leased
25%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
10,000 SF
Building FAR
0.38
Lot Size
1.20 AC
Zoning
Industrial - Industrial Zoning Town of Dewitt
Parking
75 Spaces (3.75 Spaces per 1,000 SF Leased)
AMENITIES
- 24 Hour Access
- Security System
- Signage
- Wheelchair Accessible
- Air Conditioning
- Smoke Detector
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PROPERTY TAXES
| Parcel Number | 312689-024-000-0007-012-001-0000 | Improvements Assessment | $665,600 |
| Land Assessment | $54,000 | Total Assessment | $719,600 |
PROPERTY TAXES
Parcel Number
312689-024-000-0007-012-001-0000
Land Assessment
$54,000
Improvements Assessment
$665,600
Total Assessment
$719,600
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VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
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Presented by
Joseph Pierce
Adler Commons | 4 Adler Dr
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