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21 Sullivan Pky
Fort Edward, NY 12828

$1,485,000 USD

Warehouse For Sale  •  17,352 SF

Property Details

  • Property Type Warehouse
  • Total Building Size 17,352 SF
  • Lot Size 1.22 AC
  • Building Class C
  • Year Built 1990
  • Tenancy Single
  • Zoning 06
0 Transit Score
33 Walk Score

Highlights

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% 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.

Property Flyers

Public Transportation

Commuter RailDriveWalkDistance
Fort Edward Amtrak (Adirondack - Amtrak, Ethan Allen Express - Amtrak) 5 min - 1.8 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Daniel Murphy 214-466-2748 Matthews Real Estate Investment Services
Daniel Murphy 214-466-2748 Matthews Real Estate Investment Services