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SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 10,148 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor
Located at 3011 Erie Boulevard East in the Syracuse metro, this 10,148 SF commercial building on a 1.38-acre CM-Commercial zoned lot offers a prime opportunity for owner-operators and investors at $1,290,000. With exceptional visibility from 95 feet of frontage on Erie Boulevard East, a major commercial artery boasting over 25,000 vehicles in Average Annual Daily Traffic (AADT), the property provides a generous 100-space parking field and rapid access to I-690. Previously a restaurant, the space is a versatile blank canvas suitable for a wide range of uses, including retail, medical/dental, professional offices, educational facilities, daycare centers, pet care and pet supply stores, indoor sports/entertainment complex, art gallery or cultural centers, fitness/wellness centers, home goods and decor, financial institutions, auto-oriented businesses or continued restaurant development. The timing for this investment is perfect, as previous market conditions are now superseded by a generational economic expansion driven by Micron's $100 billion semiconductor investment, drawing significant capital and a growing workforce to the region. This influx is catalyzing demand for suburban properties in well-located corridors like Erie Boulevard, shifting the value proposition to the promise of a future-focused growth market. Situated in the Eastside near Syracuse's prominent "Eds and Meds" corridor, this asset is poised to benefit from expanding medical services and suburban population growth. A proactive investor can acquire this high-profile asset at a compelling price point and capitalize on Central New York's long-term growth. The combination of its prime location, flexible usage potential, and the current market dynamics generate the ideal time to capitalize on this unparalleled opportunity. Don’t miss your chance to invest in the future of Syracuse’s commercial landscape!
- Fits 26 - 82 People
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS
| Total Space Available | 10,148 SF | Gross Leasable Area | 10,148 SF |
| Property Type | Retail | Year Built/Renovated | 1960/1995 |
| Property Subtype | Restaurant | Parking Ratio | 10/1,000 SF |
| Total Space Available | 10,148 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 10,148 SF |
| Year Built/Renovated | 1960/1995 |
| Parking Ratio | 10/1,000 SF |
FEATURES AND AMENITIES
- Bus Line
- Signage
NEARBY MAJOR RETAILERS
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3011 E Erie Blvd
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