FedEx Ground Distribution Center (6.10% Cap Rate)

Other, Montgomery, New York 12549

$36,825,000  

Listing ID Number

24936

Property Description

A new 248,370 SF FedEx Ground distribution building located in Montgomery, New York with rent commencement scheduled for March 2017.


Overview

Building Type:Industrial

Documents

Contact

For further information or inspection, please contact Exclusive Agents:

James P. Nelson
Vice Chairman
(212) 660 7710
james.nelson@cushwake.com

David Yaeli
Senior Associate
(212) 589 5116
david.yaeli@cushwake.com


Property Images

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Property Map


Aerial View


The information contained herein has either been given to us by the owner of the property or obtained from sources that we deem reliable. We have no reason to doubt its accuracy but we do not guarantee it. All zoning, buildable footages and uses must be independently verified. Vacancy factors used herein are an arbitrary percentage used only as an example. It does not necessarily relate to actual vacancy, if any. The value of this investment is dependent upon these estimates and assumptions made above, as well as the investment income, the tax bracket, and other factors which your tax advisor and/or legal counsel should evaluate. THE PROSPECTIVE BUYER SHOULD CAREFULLY VERIFY EACH ITEM OF INCOME, AND ALL OTHER INFORMATION HEREIN.