4 Lumber WayLiverpool, NY 13090

This exceptional investment opportunity presents a fully occupied, 8,400 square foot warehouse situated on a 7.5-acre lot in Liverpool, NY. The property, built in 1991, boasts a strong net operating income (NOI) of $140,000, yielding a 6.00% cap rate. Priced at $2,333,333 ($277.78/sq ft), this multi-tenant property is currently operating under a Net Net lease with a remaining term of 2 years. The warehouse features 2,400 square feet of clean office space, including a reception counter, HVAC system, three private offices, and a separate entrance. Its strategic location at the crossroads of I-90 and I-81 provides easy access to major transportation routes, and its proximity to Syracuse Hancock International Airport (a 15-minute drive) further enhances its appeal. The property benefits from a high population density, with over 6,800 residents within a 1-mile radius and over 51,800 within a 3-mile radius. A substantial daytime workforce of over 27,900 is also located within a 3-mile radius. The property is ideally situated in a thriving retail corridor, surrounded by numerous national retailers such as Walmart, Goodwill, McDonald's, and Starbucks. This property is uniquely suited for truck and heavy equipment repair. The ground lease terms vary. This is part of a larger portfolio sale.