72,000 SQFT • VALUE-ADD • MULTI -TENANT PROFESSIONAL COMPLEX • 9.2% CAP

This 72,000 square foot complex is a 3 hour drive from New York City and sits adjacent to 3 universities, 5 hospitals, and 10 hotels with a serious upside in below market rents, leasing, and repositioning. At a current 9.2% cap and $55 PSF with a strong renewal history of tenants since 1993, this is a unique situation in a strengthening location.

Multi-tenant 72,000 square foot office, medical, dental, retail, and legal plaza.
Value-add and upside opportunities, 80% occupancy, opportunity zone as healthcare and education are major strengths in greater Binghamton.