5 Lumber WayLiverpool, NY 13090

For Sale
$4,780,667
21,000 SF Warehouse, Excellent Location

Overview

Added:
Dec 11, 2024
Days on market:
126
This exceptional 21,000-square-foot warehouse, situated on a 4.39-acre lot in Liverpool, NY, presents a compelling investment opportunity. Built in 1992, the property boasts a strong net operating income (NOI) of $430,260, yielding a 9.00% cap rate. Offered at $4,780,667, the price per square foot is $227.65. The property features ample parking with 50 surface spaces and is ideally located in a thriving retail corridor, close to major national tenants such as Walmart, Target, McDonald's, and Starbucks. Its strategic position at the crossroads of NY I-90 and I-81 provides excellent access to transportation networks. The property is also conveniently located within a 15-minute drive of Syracuse Hancock International Airport (6.3 miles). The surrounding area is densely populated, with over 7,000 residents within a one-mile radius and over 51,800 within a three-mile radius. Furthermore, there are over 27,800 daytime employees within a three-mile radius. The lease type is Net-Net, with multi-tenancy. Ground lease terms vary. This property offers a rare combination of strong financials, prime location, and significant potential for future growth. This is a multi-tenant warehouse property.

Highlights

  • 21,000 SF warehouse on a 4.39-acre lot in Liverpool, NY's Woodard Industrial Park.
  • Ample parking with 50 surface spaces.
  • High population density: 7,000+ residents within 1 mile, 51,800+ within 3 miles.
  • Strong daytime workforce: 27,800+ employees within a 3-mile radius.
  • 15-minute drive to Syracuse Hancock International Airport (6.3 miles).
  • Excellent location at the intersection of NY I-90 and I-81.

Property Details for 5 Lumber Way

Property type
Warehouses, Industrial properties
Square Feet
21,000 SF
Year Built
1992
Lot Size (sq. ft)
191,228 SF

Location Insight

City
Liverpool
County
Onondaga
State
New York
Latitude
43.1259052
Longitude
-76.1976122
5 Lumber Way, Liverpool, New York

FAQs

What type of property is this?
Warehouse - 21,000 SF Warehouse, Excellent Location
Where is the warehouse located?
The property is located at 5 Lumber Way Liverpool, NY.
What is the asking price?
The asking price for this property is $4,780,667.
What are key features of this property?
This property features: 21,000 SF warehouse on a 4.39-acre lot in Liverpool, NY's Woodard Industrial Park.; Ample parking with 50 surface spaces.; High population density: 7,000+ residents within 1 mile, 51,800+ within 3 miles.
How can I contact the broker?
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5 Lumber Way
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