North Syracuse Retail for Sale - NE Outer Onondaga County

Surmount is pleased to present the exclusive listing for a Midas located at 5453 South Bay Road, North Syracuse, NY 13212. The site consists of roughly 4,038 rentable square feet of building space. Midas is subject to a 20-year Triple Net (NNN) lease which commenced on September 1, 2026. The annual rent is $128,138 and has scheduled increases of 1.50% Annually Starting Year 7.

Property Subtype:

Auto Repair

Date on Market:

2026-08-31

Utica Retail for Sale

*UPDATED LISTING INFORMATION* Three suites available for lease-up, including a large space with an existing kitchen suited to food service conversion. Documented rent roll and operating expense history available upon request. Strategically positioned on a high-traffic retail corridor, the property benefits from strong neighboring anchors including Hannaford, Rite Aid, and Dunkin Donuts. Utica continues to attract significant investment, including the new Wynn Downtown Hospital and the Wolfspeed chip manufacturing facility, supporting long-term demand for commercial space in the area. Features: Flat membrane roof recoated 2021, updated metal canopy, wet sprinkler system, double-pane windows, insulated roof deck and exterior walls, 3-phase electric, storefront and pylon signage. Highlights: - 15,543 SF commercial plaza situated on approximately 1.5 acres in Utica, NY - 10 commercial spaces, 7 currently leased, with a mix of retail, restaurant, and professional office uses - 9.11% cap rate based on current list price and documented in-place income - Approximately 12.8% projected stabilized yield once the three available suites are leased - 80+ parking spaces offering strong on-site customer and tenant parking - Located near major traffic drivers including Hannaford, Dunkin', Dollar General, Citi Trends, and other national/regional retailers - Property improvements include flat membrane roof re-coating in 2021, updated metal canopy, wet sprinkler system, double-pane windows, insulation under roof deck and exterior walls, and 3-phase electric - Strong visibility and accessibility along the Mohawk Street commercial corridor - Positioned in a growing Utica market benefiting from regional investment, including healthcare and semiconductor/manufacturing expansion - Near-term upside through lease-up of three available suites, including one with an existing kitchen suited to food service conversion Contact Alyssa Martin for additional information.

Property Subtype:

Storefront

Date on Market:

2026-06-04

New Hartford Office for Sale - Outlying Oneida County

The Costello Eye New Hartford facility provides the opportunity to acquire a stabilized 2-tenant medical outpatient asset, featuring freshly cast long-term leases to Costello Eye Physicians & Surgeons, the region’s leading ophthalmology group, and A Health Medicine, a regionally dominant interventional pain management, pulmonology and sleep medicine practice. ERE Healthcare Real Estate Advisors, LLC, in collaboration with Jennifer Stein Real Estate, Inc., exclusively represent the owners of Costello Eye Physicians & Surgeons (“Costello Eye” or “the property”) in the sale of their new construction ophthalmic and interventional pain management facility. The 2022 vintage, purpose-built medical facility is strategically located in New Hartford, a suburban town in Oneida County, part of the Central New York region. The building’s frontage onto Commercial Drive and exposure to Route 840 provides the asset with high roadside visibility, situated adjacent to New Hartford Consumer Square, one of the region’s major retail centers featuring over 500,000 square feet of retail space, including a Walmart Supercenter. Costello Eye New Hartford is a 2-tenant facility anchored by the region’s leading ophthalmology group, serving patients across 5 New York counties throughout 8 strategic locations, which comprises 51% of the building’s NOI. The second tenant, A Health Medicine, is an interventional pain management, pulmonology and sleep medicine practice, providing complimentary use and therefore captive tenancy within the building. Both tenants recently executed fresh long-term leases, demonstrating their commitment to both the market and property. The first floor is occupied by Costello Eye Physicians & Surgeons and comprises a thoughtfully designed state-of-the-art ophthalmology clinic including a procedure room, diagnostic room, 14 exam rooms and 8 offices. The second floor is an extensively built-out and highly specialized pain center with a full X-Ray suite, 3 procedure rooms, 9 post-op rooms, and 12 exam rooms. Upon closing of the transaction, the selected purchaser will assume the 2 existing leases which feature a weighted average lease term of 10.56 years, fixed rental increases averaging 2.75% annually, and a current NOI of $479,674.

Property Subtype:

Medical

Date on Market:

2026-03-06

Canastota Industrial for Sale - Madison County

A ±5,940 SF industrial building strategically located in Canastota, NY, less than one mile from Exit 34 of the New York State Thruway (I-90). This prime location provides immediate access to a major east-west transportation corridor, offering excellent connectivity to Syracuse, Utica, and the broader Central New York region. The property is designed for efficient warehouse, distribution, and light industrial use, featuring dock-high loading infrastructure and a functional small-format layout that supports a wide range of operational needs. Its direct highway access and manageable building size make it well-positioned within the region’s active industrial market. The asset is leased on a Triple-Net (NNN) basis through May 7, 2033, providing investors with long-term, predictable cash flow and minimal landlord responsibilities. Under the NNN structure, the tenant is responsible for taxes, insurance, and maintenance, creating a passive investment profile. With its strong transportation access, durable lease term, and efficient building configuration, 3288 Seneca Turnpike represents a compelling industrial NNN investment opportunity in Central New York.

Date on Market:

2026-02-24

Syracuse Retail for Sale - SE Outer Onondaga County

Property Subtype:

Freestanding

Date on Market:

2026-02-18

Rome Portfolio of properties for Sale - Greater Rome

SRS Multi-Tenant Investments is pleased to offer the opportunity to acquire the fee simple interest in a multi-tenant retail asset consisting of two adjacent parcels in Rome, New York. The offering includes Chipotle (15-year lease), a free-standing Starbucks (10-year lease), and CanaPlanet (7-year lease), with over 10.5 years of weighted average lease term (WALT) remaining. Each tenant has scheduled rental increases and options to extend, supporting stable, long-term income. CanaPlanet stands to benefit from the pending federal reclassification of cannabis to Schedule III, which would eliminate IRS Section 280E and improve operator cash flow and rent coverage.

Date on Market:

2026-01-22

Mattydale Retail for Sale - NE Outer Onondaga County

Property has one commercial space and four apartment units.

Property Subtype:

Storefront Retail/Residential

Date on Market:

2026-01-03

Utica Retail for Sale

SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN, freestanding, M&T Bank investment property located in Utica, NY. The tenant recently exercised their first of 2 option periods, providing firm term through September 2029, demonstrating their commitment to the site. The lease features an 8% rental increase at the beginning of the next option, growing NOI and hedging against inflation. The lease is guaranteed by the corporate entity (NYSE: MTB | S&P: BBB+) and is absolute NNN with zero landlord responsibilities, making this an ideal, management-free investment opportunity for a passive investor. Founded in 1856, M&T Bank is an established financial holding company with over 1,400 locations throughout the Northeastern U.S. According to the FDIC, this branch has over $91.2 million in deposits as of June 2024.

Property Subtype:

Freestanding

Date on Market:

2025-01-15