South Hill Business Campus 950 Danby Road
Ithaca, NY 14850
For Sale
284,591 sqft
Sale Price
$20,750,000
Brochure
Video
Property Website
Map
Flex Industrial For Sale - Available Immediately
95.5% Leased Multi-tenant Investment Property
Highly stabilized asset with 154 tenants
212,192 rentable sq. ft.
Surface parking lots with 1,200 spaces
10 shared shipping/receiving docks; forklift availability
Tompkins City Area Transit (TCAT) bus stop
Get in touch
Mark Rupprecht
Lic: Associate Real Estate Broker
Lawrence Papaleo
Lic: Associate Real Estate Broker
CBRE Upstate NY is the exclusive representative offering the opportunity to acquire 950 Danby Rd, Ithaca, NY 14850, a large scale multi-tenant commercial campus known as South Hill Business Campus (SHBC) that provides durable and diversified tenancy with long-term leasing flexibility in a supply-constrained market.
The ±284,591 sq. ft. building (includes butler building and monitor storage) on ±56 acres is, as of the offering date, a 95.5% occupied property encompassing a mix of office, light industrial, laboratory, creative, and service-oriented spaces. With suites ranging in size from small studios to large floor plates, the mix allows for flexible layouts that accommodate a variety of business uses and tenant requirements.
Our team will accompany interested parties on property tours. All tours will must be requested through, and accompanied by, the CBRE Upstate NY listing team and require a minimum 48 hours advance notice and are subject to schedule availability.
The ±284,591 sq. ft. building (includes butler building and monitor storage) on ±56 acres is, as of the offering date, a 95.5% occupied property encompassing a mix of office, light industrial, laboratory, creative, and service-oriented spaces. With suites ranging in size from small studios to large floor plates, the mix allows for flexible layouts that accommodate a variety of business uses and tenant requirements.
Our team will accompany interested parties on property tours. All tours will must be requested through, and accompanied by, the CBRE Upstate NY listing team and require a minimum 48 hours advance notice and are subject to schedule availability.
The property is located adjacent to Ithaca College and is just a short drive from downtown Ithaca (1 mi.) and Ithaca Tompkins Regional Airport (7.5 mi).
Total Space Available
284,591 sqft
Sale Price
$20,750,000
Place
Ithaca College
Higher Education
1 miles
Cornell University
Higher Education
2 miles
Airport
Ithaca Tompkins Regional Airport
7.5 miles
Transit/Subway
Tompkins City Area Transit (TCAT)
1 blocks
| 1 Mile | 5 Miles | 15 Miles | |
|---|---|---|---|
| Population | 8,531 | 63,183 | 112,388 |
| Avg. Household Income | $80,766 | $99,258 | $100,292 |
| Median Household Income | $52,065 | $62,646 | $70,781 |
Get in touch
Mark Rupprecht
Lic: Associate Real Estate Broker
Lawrence Papaleo
Lic: Associate Real Estate Broker