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251 Salina Meadows Pky
Syracuse, NY 13212
Office Property For Sale
Investment Highlights
- Class A Office / Two stories consisting of 65,617± SF
- Property is easily accessed via the right-of-way from Buckley Road, with close proximity to I-81 and NYS Thruway (I-90)
- ±2.6 year Weighted Average Lease Term
- Two modern lobbies with upscale finishes and an elevator
- Investment offering with cash flow day one in Syracuse’s premier Corporate Office Park
- Less than 6 miles from the future $100 billion Micron semiconductor site
Executive Summary
Two-story 65,617± SF, Class A office building situated on a 5.02-acre parcel within Salina Meadows, a premier five-building suburban office park located just north of Syracuse in the Town of Salina. The building is approximately 86% leased and presents an institutional-quality asset with recent capital improvements, including newly renovated lobbies featuring modern, upscale finishes and furnishings. The property is well-configured with dual entrances, prominent common areas, and a full-service elevator, supporting long-term tenant retention and leasing appeal.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
65,617 SF
Building Class
A
Year Built
1990
Price
$10,816,054 CAD
Price Per SF
$164.84 CAD
Cap Rate
7.62%
NOI
$824,393 CAD
Percent Leased
86%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
32,809 SF
Building FAR
0.30
Lot Size
5.02 AC
Zoning
0-2 - Office and Light Industrial Park District
Parking
342 Spaces (5.21 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Conferencing Facility
- Signage
- Wheelchair Accessible
- Accent Lighting
- Central Heating
- Demised WC facilities
- High Ceilings
- Natural Light
- Recessed Lighting
- Wi-Fi
- Yard
- Monument Signage
- Air Conditioning
- Smoke Detector
Property Taxes
| Parcel Number | 314889-050-000-0001-001-002-0000 | Improvements Assessment | $4,897,836 CAD |
| Land Assessment | $544,204 CAD | Total Assessment | $5,442,040 CAD |
Property Taxes
Parcel Number
314889-050-000-0001-001-002-0000
Land Assessment
$544,204 CAD
Improvements Assessment
$4,897,836 CAD
Total Assessment
$5,442,040 CAD
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