NNN Industrial | 100% Leased | 8+ Acres

1901-2001 Lemoyne Avenue presents a premier opportunity for investors seeking a hands-off investment in Upstate New York. Ringing in at an impressive 48,820 cumulative square feet on 8.81 acres, there is immense potential for buyers. 1901 Lemoyne Avenue is a single-story, 19,000-square-foot industrial warehouse built in 1954 with parking for 50 vehicles. Directly next door is 2001 LeMoyne Avenue, a single-story building with 40 total parking spaces that was built in 1956. There are many favorable industrial on-site features, including nine drive-in doors, three dock doors, and 18-foot clear heights. Both properties feature simple brick facades that offer a low-maintenance investment to buyers.

With a well-maintained facility and modern infrastructure, it is suitable for a wide range of business needs. Presently, the assets are 100% occupied with three NNN leases in place: Holman Parts Distribution, First Student Inc., and CME Associates, Inc. Holman Parts Distribution’s lease is up as of October 31, presenting a new opportunity. New owners can lease out this space at market rates or, alternatively, utilize the space for their own needs while collecting income. The other two leases have five and nine years remaining on their terms, allowing for a stable investment moving forward. The surrounding area is home to a diverse mix of commercial and industrial businesses, enhancing its appeal for tenants and operators.

Syracuse, New York, offers a strong industrial real estate market driven by its strategic location. The city benefits from excellent transportation infrastructure, including access to Interstates 81 and 690, which provide connectivity to key markets across the Northeast and Midwest. Syracuse is also served by Syracuse Hancock International Airport and a well-established rail network, making it a logistics hub for regional distribution. The area has a diverse industrial base, including manufacturing, distribution, and technology sectors, with affordable land and competitive operating costs. This makes Syracuse an attractive option for companies seeking cost-effective space and a skilled labor force. With ongoing urban revitalization and a focus on infrastructure improvement, the industrial real estate market in Syracuse is poised for continued growth and investment opportunities.

Situated directly north of Downtown Syracuse, 1901-2001 LeMoyne Avenue is perched in the perfect position. Northside is one of the oldest and largest areas of Syracuse. There is an incredible collection of shops, retailers, grocers, and restaurants nearby. Destiny USA Mall, several hotels, Wegmans, and more are all within a quick drive. Syracuse is home to several major businesses and industries across various sectors employing residents. Syracuse University, Lockheed Martin, Anheuser-Busch, Bristol-Myers Squibb, and Micron Technology joining in the near term. Micron’s investment will create the largest-ever cleanroom space announced in the U.S., creating nearly 50,000 New York jobs over more than 20 years.

Discover 1901-2001 LeMoyne Avenue, the ideal hands-off investment with excellent value-add potential in one of New York’s strongest markets.

Property tours are available by appointment only. Please contact the listing broker to schedule