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41 Geyser Rd Saratoga Springs, NY 12866

14,424 SF Manufacturing/Warehouse, NNN Lease

Overview

Added:
Dec 11, 2024
Days on market:
134
This fee-simple industrial property, located at 41 Geyser Rd in Saratoga Springs, NY, offers a compelling investment opportunity. The 3.49-acre site features a 12,224 square-foot manufacturing and warehouse facility, complemented by a 2,200 square-foot office/farmhouse building. Currently 100% occupied under a Net Lease (NNN) agreement with Ninth Planet Beverage Solutions, the lease runs until September 30, 2026, with a five-year extension option. The property boasts a 22-foot ceiling height, one loading dock with one dock-high door, and was constructed in 2002. The tenant is responsible for interior maintenance, while the landlord covers roof and structural repairs and property taxes. The tenant has invested significantly in building improvements, suggesting strong long-term occupancy potential. The expansive lot size allows for potential future expansion, with space for an additional +/- 10,000 square-foot structure, potentially even larger if the existing office building is replaced. Situated in Saratoga County, known for its thriving economy and high quality of life, this property presents a rare opportunity to acquire a well-located, income-producing industrial asset with significant upside potential. The property consists of two buildings across two stories.

Highlights

  • ±3.49-acre site with a 12,224 SF manufacturing/warehouse and a 2,200 SF office/farmhouse.
  • Fully leased to Ninth Planet Beverage Solutions through 9/30/2026, with a 5-year, 3-month extension option; tenant's $300,000+ in improvements suggests strong long-term occupancy.
  • Tenant responsible for interior maintenance; Landlord responsible for roof, structure, and property taxes.
  • Development potential: ±10,000 SF expansion possible, with potential for larger expansion by replacing the existing office/farmhouse.
  • Located in rapidly growing Saratoga County, NY, known for its strong economy, high quality of life, and diverse industries.

Property Details for 41 Geyser Rd

Property type
Warehouses, Industrial properties
Square Feet
14,424 SF
Year Built
2002
Buildings
2
Stories
2
Lot Size (sq. ft)
152,024 SF

Location Insight

City
Saratoga Springs
County
Saratoga
State
New York
Latitude
43.06010693087
Longitude
-73.814701879434

FAQs

What type of property is this?
Warehouse - 14,424 SF Manufacturing/Warehouse, NNN Lease
Where is the warehouse located?
The property is located at 41 Geyser Rd Saratoga Springs, NY.
What are key features of this property?
This property features: ±3.49-acre site with a 12,224 SF manufacturing/warehouse and a 2,200 SF office/farmhouse.; Fully leased to Ninth Planet Beverage Solutions through 9/30/2026, with a 5-year, 3-month extension option; tenant's $300,000+ in improvements suggests strong long-term occupancy.; Tenant responsible for interior maintenance; Landlord responsible for roof, structure, and property taxes.
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41 Geyser Rd
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