209 and 213 Tracy Creek Rd.

Highlights

• 10 Year lease with escalations and expense reimbursements.
• Beautifully secluded Vestal, NY location with fast and easy highway access.
• Solid Cement and brick structure.
• 3 phase electric.
• Ample surface lot parking.
• 3 year old Ballasted roof with 3 inch styrofoam insulation.
• Updated HVAC complimented with high efficiency Mitsubishi units.
• Leased by the State of New York.
• Solid rental history. The tenant has been there since 1989.

Description

OFFERED FOR SALE WITH A BRAND NEW 10 YEAR LEASE ! DASNY which is an agency of NYS has just signed a new 10 year lease for $10.50/SF plus Utilities, Janitorial and certain expense reimbursements. The State of NY began occupying this space in 1989 and went through 3 stages of renovations. Over $3,000,000 in total was spent on renovations to custom build this space to meet the tenants needs. This is a solid cement and brick structure and is solid enough to be considered a fallout shelter. This building features 3 phase electric, updated Furnaces and air conditioning compressors complimented by high efficiency Mitsubishi units. A 3 year old Ballasted roof with 3 inches of styrofoam insulation. All of the rooms are firewalled and there is a 5,000 SF Gymnasium with 19' ceiling clearance. This is a beautifully secluded location in Vestal, NY near Apalachin. This location enjoys being next to a Town of Vestal park with soccer fields yet is only 2 blocks from New York State Route 434 with fast and easy Highway access. The lease is a modified net lease where the tenant pays expense increases above the base year. This is a beautiful redevelopment with an extremely solid tenant since 1989, The State of New York.

This is a beautifully secluded location in Vestal, NY near Apalachin. This location enjoys being next to a Town of Vestal park with soccer fields yet is only 2 blocks from New York State Route 434 with fast and easy Highway access. Only minutes from the I86 interchange.