6650 New Venture Gear Dr, East Syracuse, NY 13057

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Building Details:

Investment sale of net leased distribution facility, leased to FedEx Ground. Initial 10 year lease term runs thru 7-31-2026. Tenant is responsible for taxes, property insurance, and maintenance of yard, parking, drive and hard surface areas. Landlord is responsible for structural portions of the building including foundation, roof, exterior walls and floor slabs. Tenant has two 5 year renewal options first with 10 percent increase, second renewal option with 5 percent rent increase. Full offering memorandum available.