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Adler Commons 4 Adler Dr 20,000 SF 25% Leased Office Building East Syracuse, NY 13057 $1,249,348 CAD ($62.47 CAD/SF) 11.78% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Handicap Accessible
  • Central Location and 75 Parking Spaces
  • Recently Remodeled

EXECUTIVE SUMMARY

Excellent value for the price at over 20,000 sf with handicap accessibility. Remodeled in 2025 with roof redone 2020, five out of 8 new HVAC units 2025, front 10,000 sf building interior, bathrooms, entry and wheelchair enclosed lift 2025. Close access to throughway at exit 35 (Carrier Circle)or 481. Downtown Syracuse and Micron less than 10 miles. 25% of the building has excellent tenant lease with 15,000 sf available. Dead end street with excellent exterior lighting and security system along with 77 parking spaces (3.5 per thousand). Buyer brokers welcome.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Office
Building Size
20,000 SF
Building Class
B
Year Built
1975
Price
$1,249,348 CAD
Price Per SF
$62.47 CAD
Cap Rate
11.78%
NOI
$147,130 CAD
Percent Leased
25%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
10,000 SF
Building FAR
0.38
Lot Size
1.20 AC
Zoning
Industrial - Industrial Zoning Town of Dewitt
Parking
75 Spaces (3.75 Spaces per 1,000 SF Leased)

AMENITIES

  • 24 Hour Access
  • Security System
  • Signage
  • Wheelchair Accessible
  • Air Conditioning
  • Smoke Detector

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
312689-024-000-0007-012-001-0000
Land Assessment
$75,887 CAD
Improvements Assessment
$935,374 CAD
Total Assessment
$1,011,261 CAD
  • Listing ID: 38476335

  • Date on Market: 2025-11-17

  • Last Updated:

  • Address: 4 Adler Dr, East Syracuse, NY 13057

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