3288 Route 5 - Industrial FOR SALE


Canastota, NY 13032
$1,179,000 USD
518-464-0870
3288 Route 5, Canastota, NY for Sale
$1,179,000 USD
Industrial - FOR SALE
1/4
null | 8% Cap Rate

3288 Route 5
Canastota, NY 13032


HIGHLIGHTS

  • NNN Lease with Investment Grade Tenant – Stable income with minimal landlord responsibilities.
  • Immediate I-90 Access – Less than 1 mile from Exit 34, connecting to Syracuse and Utica.
  • Dock-High Industrial Facility – ±5,940 SF with functional layout for warehouse/distribution use.

OVERVIEW

A ±5,940 SF industrial building strategically located in Canastota, NY, less than one mile from Exit 34 of the New York State Thruway (I-90). This prime location provides immediate access to a major east-west transportation corridor, offering excellent connectivity to Syracuse, Utica, and the broader Central New York region. The property is designed for efficient warehouse, distribution, and light industrial use, featuring dock-high loading infrastructure and a functional small-format layout that supports a wide range of operational needs. Its direct highway access and manageable building size make it well-positioned within the region’s active industrial market. The asset is leased on a Triple-Net (NNN) basis through May 7, 2033, providing investors with long-term, predictable cash flow and minimal landlord responsibilities. Under the NNN structure, the tenant is responsible for taxes, insurance, and maintenance, creating a passive investment profile. With its strong transportation access, durable lease term, and efficient building configuration, 3288 Seneca Turnpike represents a compelling industrial NNN investment opportunity in Central New York.

FOR SALE DETAILS

PRICE

$1,179,000 USD

PRICE/SF

$198 USD /SF

CAP RATE

8%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2018

UTILITIES

-

CLEAR CEILING HT

14 Ft

DOCKS

10

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.93

LAND SF

84,071

ZONING

-

APN/PARCEL ID

253689-044-000-0001-001-002-0000

ASK ABOUT THIS PROPERTY

Antonio JohnsonBerkshire Hathaway HomeServices Blake, REALTORSMore Info
518-464-0870

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Antonio JohnsonBerkshire Hathaway HomeServices Blake, REALTORSMore Info
518-464-0870

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.