20 Bomax Drive

Located in one of Ithaca’s most established industrial corridors, the property sits just off the entrance to the Cornell Business and Technology Park and adjacent to Ithaca Tompkins International Airport. This position provides efficient access to regional and national transportation routes while placing the asset within a concentrated hub of technology, manufacturing, and research activity. The Cornell Business and Technology Park serves as a key economic driver for the region, supporting a mix of office, laboratory, and industrial users. Its proximity to Cornell University strengthens the connection between academic research and private enterprise, contributing to a stable and innovation-focused tenant base. The property is also minutes from Ithaca College and the broader Ithaca market, offering access to a skilled workforce, established amenities, and the surrounding Finger Lakes region. This combination of accessibility, institutional proximity, and business park infrastructure supports long-term tenant demand and operational efficiency.Offered for sale is a fully leased 73,825 SF industrial facility in Ithaca, custom built for TransAct Technologies, Inc., the current tenant since 1989. The property is located near the Cornell Business and Technology Park and adjacent to Ithaca Tompkins International Airport, with convenient access to regional routes and major institutions including Cornell University and Ithaca College. The building includes 18,066 SF of office space, 48,259 SF of light manufacturing, and 7,500 SF of warehouse, with four loading docks, 3-phase power, sprinklers, and 102 parking spaces. The triple net lease runs through May 31, 2031 with scheduled increases, providing stable income from $480,265.50 to $520,164.48. This is a rare opportunity to acquire a purpose-built industrial asset with long-term tenancy in a premier Ithaca location.