| Prime Industrial Facility – ±17,352 SF building on ±1.22 acres with 26’ clear heights, two dock-high doors, and one oversized drive-in door. |
| Credit Tenant – 100% leased to Ferguson Enterprises, a leading HVAC and plumbing distributor. |
| Strong Financials – $118,800 annual rent with tenant covering taxes, insurance, and CAM; landlord limited to structural repairs. |
| Attractive Yield – Investment offers a stable 8.80% cap rate backed by a nationally recognized credit tenant. |
| Strategic Location – Easy access to US-4, NY-197, Canadian Pacific rail, and I-87 connecting to Albany MSA |
| Growth Market – Positioned in a Hudson River industrial hub with $4.7M in recent NY State infrastructure upgrades. |
Jack Lenihan
Matthews Real Estate Investment Services
