441 S Salina St - Office FOR SALE
Syracuse, NY 13202 |
441 S Salina St
Syracuse, NY 13202
HIGHLIGHTS
- ATTRACTIVE ASSUMABLE DEBT AVAILABLE if purchased in conjunction with 400 WEST AVE, ROCHESTER, NY ( Property ID: 1324420 )
- Seven-story mixed-use ±219,625 SF office condominium with underground parking on 2 acres in the heart of Downtown Syracuse.
- Leased at 94.9% to 16 tenants, offering ownership significant risk diversification benefits.
- Largest tenant is TCG Player, occupying ±36% total area, a flagship location for the $295M e-commerce company purchased by eBay in 2022.
- Three different departments of the US federal government occupy ±20% of total area, each of which came to the property in 2011 or earlier.
- Third-largest tenant, Mackenzie Hughes, is a major regional law firm that has a track record of success dating back to 1884.
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
The Galleries of Syracuse
PROPERTY TYPE
Office
TOTAL BUILDING SIZE
477610
STORIES
7
BUILDING CLASS
A
YEAR BUILT
1987
SPRINKLERS
-
PARKING SPACES
275
LAND DETAILS
LAND ACRES
2.14 AC AC
LAND SF
93,234 SF
ZONING
-
APN/PARCEL ID
311500-101-000-0008-006-002-0002
