500K SF Value-Add Grocery/Gym Anchored Shopping Center

New
  • $30,120,000
  • Property Type:
  • Beds: $30,120,000
  • Baths: 7.5%
  • Sq Ft: 500K SF

500 K SF

500K SF Value-Add Grocery/Gym Anchored
Shopping Center
Upstate, NY

PRICE $30,120,000
GLA 500K SF
PROPERTY TYPE Shopping Center
CAP RATE 7.5%
OCCUPANCY 78%
YEAR BUILT n/a
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OFFERING MEMORANDUM
FLYER

MARKETING
marketing@biltcommercial.com
(516) 684-9003
DEMOGRAPHICS
 Population           210,606
 Per Capita Inc      $24,916
 Median HH Inc    $37,395
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INVESTMENT HIGHLIGHTS

  • Tenancy includes several national credit tenants
  • Largest tenants include a national amusement center, a regional supermarket, and a national gym
  • Busy intersection who can access the shopping center from multiple signalized entrances
  • Three colleges three miles
  • Signalized intersection with dedicated turn lane
  • Pad Sites available to lease up
  • Excellent Freeway Visibility
  • Massive Pylon Sign
  • Surrounded by densely populated middle-class neighborhood

Price:$30,120,000
City:Upstate
State:NY
Square Feet:500K SF
Price:$30,120,000
Cap Rate:7.5%

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