Northwestern Mutual Building | 34 Aspen Park Blvd
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Northwestern Mutual Building 34 Aspen Park Blvd
25,000 SF Office Building East Syracuse, NY 13057 $4,250,000 ($170/SF) 7.88% Cap Rate
Investment Highlights
- Growing area with signalized intersection of newly relocated I-81 highway
- Potential to expand up to 50,000 SF
- Newly renovated office space
- 25,000 SF Class A Office Building
- This property serves as the Regional Headquarters for Northwestern Mutual, operating in conjunction with the Buffalo, Rochester & Albany hub offices
- On-site parking
Executive Summary
25,000 SF Class A office building with long term lease with Northwestern Mutual now available for sale in this prestigious business park. Located near prominent businesses like Saab Sensis, Upstate Orthopedics, TTM Technologies and INFICON. Located in the Town of Dewitt, this prime property offers unmatched potential for innovation and business growth.
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
25,000 SF
Building Class
A
Year Built/Renovated
2011/2021
Price
$4,250,000
Price Per SF
$170
Cap Rate
7.88%
NOI
$334,950
Tenancy
Single
Building Height
1 Story
Typical Floor Size
25,000 SF
Slab To Slab
15’
Building FAR
0.08
Lot Size
6.90 AC
Zoning
06 - Located at what will become the main Highway Exit for the New Route 81. Town of Dewitt High Tech District located near all new building.
Parking
200 Spaces (8 Spaces per 1,000 SF Leased)
Amenities
- Car Charging Station
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PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $1,392,800 | |
| Land Assessment | $654,320 | Total Assessment | $2,047,120 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$654,320
Improvements Assessment
$1,392,800
Total Assessment
$2,047,120
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Northwestern Mutual Building | 34 Aspen Park Blvd
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