$4,490,000

Bouck Real Estate is excited to announce the listing of 798 Cascadilla Street which houses FLX Fitness, Coughlin & Gehart, LLP, & BCA Architectural Engineers. This property is fully rented with long term leases and is a great investment in one of the fastest growing cities in New York State. Centrally located right off of the Cayuga Canal, this site includes an 18,000 square foot building with 65 parking spaces along with 3 long standing & established tenants who have invested in their future as tenants in the building with brand new buildouts. All leases include yearly rent escalations, renewal options at the end of the term, CAM reimbursements, and NNN leases. Ithaca is a strong commercial market and proves it by committing $360 million in commercial development just this past year. Their commercial growth parallels the strong local demographics with a 33% increase in population from 2010-2019.