| CREOP

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.