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Commercial · NNN Lease

2998 Seeley Road

Waterloo / Geneva, NY
9,360
Sq Ft
0.5
Acre Lot
NNN
Lease Type
Commercial
Asset Type
Performance

A stabilized commercial NNN asset

A 9,360 SF warehouse anchored by an essential-service tenant on a triple-net lease.

Building Size
9,360 SF
Industrial warehouse
Lot Size
0.5 acre
Fleet parking / storage
Tenant
Binder Electric
27+ yrs in business
Lease Type
Commercial NNN
Low landlord burden
Annual Rent
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NNN income
Cap Rate
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NOI ÷ value
Lease Term Left
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Remaining years
Current Value
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Overview

Essential-service commercial warehouse

2998 Seeley Road is a strategic commercial opportunity in the heart of the Finger Lakes region. This 9,360-square-foot industrial warehouse sits on a substantial 0.5-acre lot, with ample space for operations, secure storage, and fleet parking — ideal for trade businesses, light manufacturing, and commercial service operations.

The property is anchored by a proven long-term tenant, Binder Electric, an established electrical contractor with 27+ years of industry experience. The tenant operates a full-service electrical business on site — generator repair, EV charging station installation, and commercial electrical services across the region.

Positioned near Geneva, the asset captures value from the Finger Lakes' growing service economy. With rising demand for professional electrical services, renewable-energy infrastructure, and commercial space, this NNN lease presents low vacancy risk with an essential-service tenant and strong income stability.

Property Details

The specifics

Asset Type
Commercial Warehouse
Square Footage
9,360 SF
Lot Size
0.5 Acres
Current Tenant
Binder Electric
Tenant Tenure
27+ years
Lease Type
Commercial NNN
Market
Waterloo / Geneva, NY
Investment Highlights

Location & investment strategy

Strategic Location

Near Geneva with access to the entire Finger Lakes service market.

Growing Service Economy

Tourism, viticulture, and infrastructure development drive service demand.

Tenant Stability

A 27+ year established tenant reduces vacancy risk and secures long-term income.

Essential Services

Electrical contracting, generators, and EV infrastructure — recession-resistant demand.

Triple-Net Structure

NNN lease minimizes landlord operating burden and expense volatility.

Flexible Facility

Generous dimensions suited to trades, light manufacturing, and services.

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