130 Baylis Road
130 Baylis Road, Melville, NY, 11747, US
3,774 m²
Portfolio description
Jones Lang LaSalle (“JLL”) has been retained on an exclusive basis to arrange the sale of the New York Infill Industrial Portfolio (the “Portfolio”). Located in infill pockets of Long Island, New York, the Portfolio features 812,725 square feet of 100% leased, single-tenant properties with a weighted average remaining lease term of 4.0 years. Approximately 55% of year-one contractual income comes from investment grade credit tenants FedEx (S&P: BBB) and L3 Harris Technologies, Inc./EDO Corporation (S&P: BBB), with in-place portfolio rents approximately 40% below market.
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Attributes
Building area gross
77,220 m²
Year built
1979
NY Infill Industrial Portfolio (4 Properties)
NY Infill Industrial Portfolio (4 Properties)
Media
Investment Highlights
- 100% Leased Portfolio with Investment Grade Credit Tenancy
- Attractive Mark-To-Market Upside Potential
- Market-Leading Asset Functionality
- Densely Populated Long Island Locations with Strong Demographics
- Exceptional Local and Regional Connectivity
Contact brokers
JLL can help you finance and manage your portfolio. Email us today to see how we can help achieve your ambitions.
Last updated
5 Mar 2025
