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800 & 801 Van Rensselaer Street 800 & 801 Van Rensselaer Street Syracuse | New York PARCEL A PARCEL B Executive Summary OfferingOverview Property Overview Market Overview PARCEL A PARCEL B Executive Summary OfferingOverview Property Overview Market Overview Syracuse, New York Jones Lang LaSalle Brokerage, Inc. (Seller’s Agent) is the exclusive agent for owner and seller (“Seller”) of two (2) land sites consisting of 5.10 and 3.47 acres respectively and located in Syracuse, New York (“Property”). Please review, execute and return the Confidentiality Agreement to receive access to the confidential property information. Please contact us if you have any questions. The designated agent for the Seller is: James M. Panczykowski Senior Vice President Jones Lang LaSalle Brokerage, Inc. 551-404-8834 [email protected] Executive Summary OfferingOverview Property Overview Market Overview Disclaimer This Brochure is provided for the sole purpose of allowing a potential investor to evaluate whether there is interest in proceeding with further discussions regarding a possible purchase of or investment in the subject property (the Property). The potential investor is urged to perform its own examination and inspection of the Property and information relating to same, and shall rely solely on such examination and investigation and not on this Brochure or any materials, statements or information contained herein or otherwise provided. Neither Jones Lang LaSalle, nor any of its partners, directors, officers, employees and agents (Sales Agent), nor the owner, its partners or property manager, make any representations or warranties, whether express or implied, by operation of law or otherwise, with respect to this Brochure or the Property or any materials, statements (including financial statements and projections) or information contained herein or relating thereto, or as to the accuracy or completeness of such materials, statements or information, or as to the condition, quality or fitness of the Property, or assumes any responsibility with respect thereto. Such materials, statements and information have in many circumstances been obtained from outside sources, and have not been tested or verified. Projections, in particular, are based on various assumptions and subjective determinations as to which no guaranty or assurance can be given. Without limiting the foregoing, in the event this Brochure contains information relating to asbestos or any other hazardous, toxic or dangerous chemical, item, waste or substance (Hazardous Materials) in relation to the Property, such information shall in no way be construed as creating any warranties or representations, expressed or implied, by operation of law or otherwise, by Brokers or the owner, as to the existence or nonexistence or nature of Hazardous Materials in, under, on or around the Property. This Brochure is provided subject to errors, omissions, prior sale or lease, change of price or terms and other changes to the materials, statements and information contained herein or relating to the Property, and is subject to withdrawal, all without notice. The contents hereof are confidential and are not to be reproduced or distributed to any person or entity without the prior written consent of Agents or used for any purpose other than initial evaluation as indicated above. Executive Summary OfferingOverview Property Overview Market Overview PARCEL B PARCEL A Executive Summary OfferingOverview Property Overview Market Overview Jones Lang LaSalle Brokerage, Inc. is pleased to present an exceptional opportunity to purchase two well-positioned sites comprised of 5.10 acres (Parcel A) and 3.47 acres (Parcel B) respectively and located in the Lakefront Development Area of the Inner Harbor section of Syracuse. The sites are located ±0.5 miles south of Destiny USA and ±0.25 miles north of COR Development’s $350,000,000 Inner Harbor Project. The sites also offer easy access to I-81 and I-690, Franklin Square and the Syracuse CBD. The sites make up a rare Syracuse offering in the heart of the hottest development location in Central New York State. PARCEL B PARCEL A Executive Summary OfferingOverview Property Overview Market Overview PARCEL A PARCEL B Executive Summary OfferingOverview Property Overview Market Overview Property Highlights • 801 Van Rensselaer Street (Parcel A) is a 5.10 acre site located at the Northwest corner of the intersection of Van Rensselaer Street and Bear Street West. • 800 Van Rensselaer Street (Parcel B) is a 3.47 acre site located on the Northeast corner of the intersection of Van Rensselaer Street and Bear Street West. • Parcel A and Parcel B are zoned Urban Center District - T5 inside of the Lakefront Development District Overlay zoning. • The general topography of both sites is flat with Parcel B backing up to the Syracuse Creekwalk . • The sites are strategically located in the Inner Harbor section of Syracuse between Destiny USA and the • $350,000,000 COR Development Inner Harbor Project. In recent years, the Inner Harbor section of Syracuse has started to transition into a fashionable section of the city with additional development plans in place to create a vibrant, bustling urban-centric community that boasts fine retail, dining and living experiences. Syracuse University Franklin Square I-690 COR Development Inner Harbor Project A B I-81 Destiny USA Executive Summary OfferingOverview Property Overview Market Overview Property Description Parcel A 801 Van Rensselaer Street Syracuse, New York Size: 5.10 Acres Shape: Rectangular Topography: Flat and at street grade Frontage: Bear Street West ±429' Van Rensselaer ±375' Water: Provided by Onondaga County Water Authority Sewer: Provided by the City of Syracuse Electric Provided by National Grid Natural Gas: Provided by National Grid Zoning: Urban Center District (T5) Taxes - 2018 County: $2,562.77 Taxes – 2017-18 City and School: $5,653.78 VAN RENSSELAER STREET PARCEL A Executive Summary OfferingOverview Property Overview Market Overview Property Description Parcel B 800 Van Rensselaer Street Syracuse, New York Size: 3.47 Acres Shape: Rectangular Topography: Flat and at street grade Frontage: Bear Street West ±225' Van Rensselaer ±671' Water: Provided by Onondaga County Water Authority Sewer: Provided by the City of Syracuse Electric: Provided by National Grid Natural Gas: Provided by National Grid Zoning: Urban Center District (T5 & PK) Taxes - 2018 County: $8,091.78 Taxes – 2017-18 City and School: $17,523.65 PARCEL B VAN RENSSELAER STREET Executive Summary OfferingOverview Property Overview Market Overview Zoning Map 01 09 06 08 07 21 03 05.7 02 Syracuse Industrial 01 Development Agency 05.2 State ofNew York 01 13.1 Onondaga County 38 State ofNew State ofNew 02 York York 37 10.1 Onondaga County 39 03 State ofNew York 04 08 36 Onondaga County 05 40 07 02 12 06 06 07 35 02 05 14 08 05 01 15 01 41 City of Syracuse 03 44 (Metropolitan Sewage Treatment Onondaga County 04 34 Plant ) OA OB 03 05 16 42 12 02.1 05 06 06.1 02.2 02 17 14 07 State of New 09 York 03 18 10.1 07 43 08 01 06.1 01 06.2 State of New 18 19 York 31 09.1 05 09 20 30 29 19 03 33 10 15 01 02 32 29 04 11 01.1 08 01 28 12.1 1.4ac 27 03 20 26 City of Syra 25 02 11 02 01.1 24 cuse 06 23 01.2 06 22 01 13 07 14 21 05 13 04 10.2 2.0ac 04.2 PSeoptateleofNofe w the 14 07 12 York 01 02 28 10.1 03 30 06.1 27 04 12 01 05 01 11 26 10 06 25 15 17 24.1 02 091 21 08 22 08 02 03 07 21 19 04 20 02 09 15 03 05 05 03 16 06 18 16 04 02 86 06 19 07 05 07 08 03 06.1 07.1 04.3 09 18.1 01 15.1 08 11.1 01 17 03 01 12 04 08 09 02 02 24 13 01 02.1 16 14 03 25 10 Alzheimer's Disease 09 Association 84 05 09 27.1 15 05 26.1 07 11.1 28 01 85 16.1 1134. 1 83 12 11 29 15 82 10 13 02 04.2 18 14 05 31 30 04 81 19 11 0301 53 32.1 07 80 07 52 06 79 20 05 01 02.1 08 54 08 10 04 09 51 21 01 78 09 01 34 10 55 22 02 19 03 36.1 18 01 11.1 03.1 02 17 76 50 S 77 03 (City) 04 S 12 16 E 56 23 Cit 02 09 08 06 E C 75 04 C 04 0506 T 74 49 y Syr. 15 07 T I 12 I O 05 07 O 73 57 38 08 N 09 o 22 14 N 10 08 72 07 11 48 06 08 07 10 f 13.2 02 7 7 1 39 11 13.1 11 8 06 58 12 09 47 40 11 13 10 03 70 59 12 46 41 13 60 SECTION 107 69 SECTION 107 68 42 43.1 SECTION 106 14 4567 43 61 SECTION 106 15 62 66 44 12 16 63 03 01 01 65 01 02 ED ISON 0405 28 17 64 O.C.I.D. 02 22.1 ST R EET 28 06 O.C.I.D. 26 ED ISON A. 23 01 A. 02 01 02 02 03 05 18 27 01 075 06 01 07 25 40.1 21 25 03 04 03 20 04 02 08 36 1920 26 01 02 01.2 01 02 24 O.C.I.D.A. 01 02 02 01 03 08 20 27 19 21 02 02 03 06 25 04 24 04 03 22 23 03 01 03 19 23 09 18 01.1 12 38 23 08 15 18 22 21 20 174 1 3 1 6 1 2 15 22 23 14 City of 02 24 04.1 04.2 03 04 19 18 17 14 13 11 10 25 21 09 17 04 12.1 11 10 09 08 07 05 17 05 05 Syracuse 08 10 26 20 09 11 16 15 F eet 06 10 06 05 06 19 22 07 02 013 08 Fire 02 09 07 09 25 04 10 06 14 12 08 10 01 02 03 04 2107 09 04.1 37.1 15 13 05 0 200 10 04.1 10 11 02 03 04 25 05 06 10 12 18 13 03.1 07 14 11 Training 01 05 06 02 06 SE 07 08 09 11 400 0208 15 12 City of 0167 Ne 05 07 13 SE Syracuse C 03 16 Center 03 24 Amer w 04 11 04 08 14 1704 09 17 13 01 34.1 08 02 T 23 07 01 ican 06 C 18 04.1 I Yor O 24 Legio 01 T 15 19 05 26 221232 09 15 16 I 09 N 22 n 06 k 35.1 O 08 Lewis Park 05 09 10 1 Post N 08 Stat 01 10 16.1 14 15 10 03 1361 25 21 0 09 10 21 07 8 02 e 11 13 13 11 07 01 .
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