209 & 213 Tracy Creek

Description:

OFFERED FOR SALE WITH A BRAND NEW 10 YEAR LEASE ! DASNY which is an agency of NYS has just signed a new 10 year lease for $10.50/SF plus Utilities, Janitorial and certain expense reimbursements. The State of NY began occupying this space in 1989 and went through 3 stages of renovations. Over $3,000,000 in total was spent on renovations to custom build this space to meet the tenants needs. This is a solid cement and brick structure and is solid enough to be considered a fallout shelter. This building features 3 phase electric, updated Furnaces and air conditioning compressors complimented by high efficiency Mitsubishi units. A 3 year old Ballasted roof with 3 inches of styrofoam insulation. All of the rooms are firewalled and there is a 5,000 SF Gymnasium with 19' ceiling clearance. This is a beautifully secluded location in Vestal, NY near Apalachin. This location enjoys being next to a Town of Vestal park with soccer fields yet is only 2 blocks from New York State Route 434 with fast and easy Highway access. The lease is a modified net lease where the tenant pays expense increases above the base year. This is a beautiful redevelopment with an extremely solid tenant since 1989, The State of New York.


This is a beautifully secluded location in Vestal, NY near Apalachin. This location enjoys being next to a Town of Vestal park with soccer fields yet is only 2 blocks from New York State Route 434 with fast and easy Highway access.  Only minutes from the I86 interchange.


10 Year lease with escalations and expense reimbursements.
Beautifully secluded Vestal, NY location with fast and easy highway access.
Solid Cement and brick structure.
3 phase electric.
Ample surface lot parking.
3 year old Ballasted roof with 3 inch styrofoam insulation.
Updated HVAC complimented with high efficiency Mitsubishi units.
Leased by the State of New York.
Solid rental history. The tenant has been there since 1989.

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