Land For Sale • 2.46 AC
This property is the site of Industrial Color Labs a local retail institution, and one of the region’s most prominent retail locations. Situated on 2.46 acres, this offering includes the Existing building consisting of approximately 7,140 SQ.FT. This corner site offers dual curb cuts along both Bridal Path Traffic light at E Genesee Street, Route 5, Route 92, Lyondon Road and Bridal Path allowing for easy access in and out on both sides of the parcels. This is a 5 Way intersection with traffic lite this location may well be the most visible retail corner in Onondaga County - offering exposure and access to 55,000 vehicles per day from some of the most affluent neighborhoods in Central New York. Being located between Wegman's and Fayetteville Towne Center, Aldi, Verizon, Solvay Bank, NBT Bank, Mobile Gas Station, Peter Harris and strip plaza. it's no wonder that this intersection has the highest daily traffic count in the County for a non-highway location. We are looking for a non-subordinated land lease only on the 2.46 acres which includes the existing 5,000 SQ FT footprint with an approximately 2,500 SG FT balcony. I am looking for 249K NNN per year for a minimum of 15 years and a 5% increase each 5 years after that. Buyer would have the option to do with the building what they want. I have plans available for Redevelopment 19,830 SF building using the existing steal frame and cement base of the previous building. Industrial Color Labs would like to remain a tenant if possible or Joint Venture
Over 55,000 AADT Traffic Count |
Average HH Income $89,724 within 3 Mile radius |
Zoned "Special Business Transitional", this location offers a wide variety potential use (contact Tom Voumard for details). |
" Great road frontage on 2 sides ot courner and exposure with 2 in and out curb cuts on both end of property. |
Have existing plans for expantion to 20,000 sf building. |
5 Way Traffic Light on 2 sides of property. |
Commuter Rail | Drive | Walk | Distance |
---|---|---|---|
Syracuse Regional Transportation Center (Empire Service - Amtrak, Lake Shore Limited - Amtrak, Maple Leaf - Amtrak) | 15 min | - | 9.6 mi |
Syracuse (Toronto - New York - VIA Rail) | 15 min | - | 9.6 mi |
Airport | Drive | Walk | Distance |
Syracuse Hancock International | 21 min | - | 14.2 mi |