Cortland Commerce Center is a 420,200 SF multi tenant industrial center on RT 13 in Cortland NY. The complex is 50% occupied by a myriad of industrial, warehousing and office users. Current leases produce significant cash flow and the upside potential through lease up is monumental even at below market rates. The price per SF at ask is merely $26.00 per sq foot which is a tremendous deal. Plenty of loading docks, drive-ins and fenced in yard make this a versatile and highly desirable space.
The central NY location just 30 miles from Syracuse and the new Micron development provide great upside. The property provides easy access to Ithaca as well as I-81 to which you can serve much of the Northeast.
20 Acres of industrial development land that sits adjacent can also be purchased with the 31 Acres that this property sits on. Financials, lease abstracts and rent rolls will be provided to vetted parties that sign an NDA. Please reach out for additional information. ( Nick Slottje - 617-939-6609)