

4705 CROSSROADS PK DR CLAY NY 13041
Crossroads Office Investment/ Owner Occupant Opportunity
Marketing description
See offering memo for current tenant and lease details.
A compelling value-add acquisition with significant upside, 4705
Crossroads Park Drive offers a prospective owner-user or investor
the opportunity to convert an existing 5,000 square foot office
building into a flex industrial asset. The building's configuration and
site are conducive to the installation of dock doors, positioning a
new owner to reposition the property into one of the market's most
in-demand product types and capture the meaningful rental rate
premium that flex commands over traditional office.
As currently configured, the property functions as a stabilized office
building with 1,500 square feet of in-place leasing providing
immediate income to offset carry while a buyer executes their
business plan. The remaining 3,500 square feet is vacant and
available, offering flexibility for an owner-user to occupy, lease at
market rates, or hold through conversion. The combination of
existing cash flow and vacancy creates optionality that is rare in
assets of this size.
At 5,000 square feet, the property is well-suited for a small business
owner-user, a private investor seeking a manageable flex
conversion play, or a local operator looking to control their real
estate. With demand for flex product continuing to outpace supply
across most Central New York submarkets, 4705 Crossroads Park
Drive represents a timely opportunity to acquire a repositionable
asset at an office basis with flex upside.
Investment highlights
- Prime owner user opportunity
- Investment potential
- Possible dock door addition/ conversion to flex
- New roof
- Industrial zoning
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