203-977-3269
500 White Plains Rd, Tarrytown, NY for Sale
R&D - FOR SALE
1/15
null | Request Cap Rate

500 White Plains Rd
Tarrytown, NY 10591


HIGHLIGHTS

  • Institutional-Quality R&D Facility
  • Purpose-Built Laboratory Infrastructure
  • Replacement Cost Advantage

OVERVIEW

We are pleased to present the opportunity to acquire 500 White Plains Road, a 153,168 SF institutional-quality research and development facility located within Tarrytown Corporate Center in Tarrytown, New York. Purpose-built for advanced research operations, the Property is currently 90% leased to five laboratory and research tenants, led by BASF (124,726 SF), who is expected to vacate upon their lease expiration in May 2027. The Property features highly specialized laboratory infrastructure, significant mechanical and electrical capacity, emergency generation, loading facilities and sophisticated HVAC systems that would be difficult and costly to replicate today. With near-term in-place income and BASF’s anticipated vacancy, 500 White Plains Road offers a compelling opportunity for repositioning, re-tenanting or owner-user occupancy within one of the Northeast’s most established healthcare and life sciences corridors.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

R&D

TOTAL BUILDING SIZE

-

STORIES

6

YEAR BUILT

1997

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

3

DRIVE INS

-

PARKING SPACES

200

LAND DETAILS

LAND ACRES

16.17

LAND SF

704,365

ZONING

OB

APN/PARCEL ID

2689-007-160-00042-000-0009

ASK ABOUT THIS PROPERTY

Al MirinCushman & WakefieldMore Info
203-977-3269

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Al MirinCushman & WakefieldMore Info
203-977-3269

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