Syracuse, NY 13214

Sleep Number

Property Address

3485 Erie Boulevard East, Syracuse, NY, USA

Offering Summary

  • Price: $3,648,000
  • Lot Size: .56 Acres
  • Cap Rate: 6.25%
  • Year Built: 2023
  • Building SF: 3,000
  • Status: Available
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  • Brand New 10-Year Triple-Net (NNN) Lease with Corporate Guaranty (NASDAQ: SCSS)
  • 10 Percent Rental Increases Every Five Years
  • Brand New High-Quality 2023 Construction
  • Relocation Store - Relocation from Successful Shoppingtown Mall Location
  • 171,005 Residents and 247,174 Daytime Employees within a Five-Mile Radius
  • Dense Retail Corridor Location - Adjacent to Burlington, Michaels, DICK’S Sporting Goods, Dunkin’ Donuts, and Starbucks. Nearby Retailers Include Trader Joe’s, Walmart, The Home Depot, PetSmart, and Best Buy
  • Excellent Visibility Along Erie Boulevard East (17,500+ Cars/Day)
  • Average Household Income Exceeds $99,000 in the Immediate Area
  • Easy Freeway Access - One Mile Off the I-690 and Less Than One Mile Off the I-481
  • Situated a Five-Minute Drive from Le Moyne College (2,700+ Students)

Broker Information