The subject property is located on the east side of Northern Boulevard, just north of the intersection of Route 298, in the Town of Dewitt, County of Onondaga, State of New York. The property ingress and egress is via the northbound lane of Northern Boulevard.
East Molloy Road also intersects with the southern terminus of Northern Boulevard. This area is significantly influenced by the City of Syracuse, whose jurisdictional boundary line is located two miles to the southwest.
The subject neighborhood could be described as having the following boundaries: to the south is the New York State Thruway; to the north is generally rural land influenced by approaching and departing planes from Hancock Airport (utilized by Air Force and Air National Guard, as well as commercial airlines); the western boundary is Thompson Road; and the eastern boundary is Interstate 481.
The neighborhood is located on the northeast border of what is generally known as the Syracuse Industrial Park, which extends from Kinne Road on the east, to Townline Road on the west, and between Court Street on the south and Molloy Road on the north. This area has seen development since the opening of Exit 35 of the New York State Thruway in the 1950’s. the bulk of Syracuse industry is contained in this area and includes:
- Bristol Myers
- General Motors
- Carrier Corporation
- John Deere
Development in the subject area includes the following:
- Curbell Industrial Plastics
- Northland Container
- Flex Hose, Inc.
- Ziegler’s Baker
- Reynolds Technology
- Usherwood Business Equipment
- Haines Sales
- Ace Hardware
- M.J. Flynn
- Watkins Motor Lines
- Airborne Express
- Crossbow Industrial Park
- Pioneer Business Park
Northern Boulevard is a major north/south route in the area. The roadway is two lanes each direction and is median divided. Traffic past the subject is northbound only, however, there is a U-turn area to the north. Schuyler road runs north/south to the east of Northern Boulevard and is comparably developed.
East Molloy Road intersects with, and becomes Route 298, just south of the subject, and is the major east/west roadway in the area. Route 298 and Northern Boulevard intersect and form the major local north/south roadway in the subject neighborhood. Fly Road (located east of the subject) is also a major north/south roadway. Other more local roadways (Joy Road, Boss Road, etc.) have been developed industrially and utilize the above-mentioned roadways for travel to other areas of Syracuse.
The subject has a desirable location approximately midway between Exit 35 (west) and Exit 34A (east) of the New York State Thruway. Interstate 481 is an eastern city by-pass accessible about one mile east of the subject via Route 298.
Interstate 81 is reached via Interstate 481 at points north and south of Syracuse. Interstate 690, a highway running east/west through the city of Syracuse, is also reached via Interstate 481 south.
Downtown Syracuse is accessible to the subject via Interstate 481 or more local roadways, such as Thompson Road or Route 298 to Carrier Circle.
A number of truck terminals are located in the Northern Boulevard/Schuyler Road area and include:
- A & M Express
- Bolus Freight
- Carolina Freight
- Consolidated Freightways
- Boston Buffalo Express
- Calore Express
- Central Transport
- New England Motor Freight
- United Parcel Service
- Watkins Motor Lines
- Airborne Express
In summary, the subject property is located in a prime industrial and commercial area with a good system of local roadways, as well as, convenient access to any of the area’s state highways. Considering the roadway system, the subject is well located as flex space, offering office and warehouse space. We look for area property values to remain stable in the foreseeable future.
One-story, steel frame, and masonry office/warehouse facility with fractured block fascia comprised of five separate but connected buildings (common walls), containing 39,500+ square feet of gross leasable floor area.
Foundation: Reinforced concrete slab.
Exterior: Concrete block, fractured block fascia.
Roof: Steel deck supported by metal bar joists. Flat 60-ml. rubber, center drains.
Flooring: Reinforced concrete covered with a combination of vinyl tile and industrial grade wall-to-wall carpet in office areas; warehouse areas have bare concrete floors with floor drains.
Interior Partitions: Painted sheetrock walls and dropped acoustical tile ceilings in office areas.
Windows: Andersen, aluminum on wood frames, thermal pane insulated glass.
Plumbing: Copper pipes to standard fixtures. Typically each space has a two-fixture handicap bath and water fountain.
Heating & Air Conditioning: Rooftop Carrier gas fired condensing units for office areas of warehouse buildings. Some spaces have additional wall-mount units.
Electric: (1) 800 ampere service and (1) 600-ampere service, 208 volts, 3 phase; separately metered for each tenant space. Warehouse areas have strip fluorescent lighting, while office areas have recessed fluorescent lighting.
Bathrooms: Restrooms, as required, for each tenant space.
Other: Asphalt parking and drive areas, shipping doors, as required by tenants.
Comments: The facility is a recently built, one-story, office/warehouse facility, comprised of five areas connected by common walls. Flex space designed for use by multiple commercial or industrial users.
The site is attractively landscaped and parking is provided on the north and south sides with a total capacity for 113 vehicles.
The design of four buildings easily accommodates up to four entrances per north and south side, thereby allowing up to eight tenants, each. The eastern portion could have up to two entrances on each side, thereby allowing up to four tenants.
Flex space is designed for smaller office/warehouse users with versatile interior space adaptable to individual tenant needs. In this respect, the subject appears to have an efficient layout. Overall, the property is in good condition.