140 Village Sq - Storefront Retail/Office FOR SALE


Painted Post, NY 14870
$1,830,140 USD
201-600-3237
140 Village Sq, Painted Post, NY for Sale
$1,830,140 USD
Storefront Retail/Office - FOR SALE
1/5
null | 8.45% Cap Rate

140 Village Sq
Painted Post, NY 14870


HIGHLIGHTS

  • Minimal Vacancy | 94% Occupancy
  • Robust Tenant Mix with Many Medical and Service-Oriented Tenants
  • Recent Capital Improvements Including Partial Roof Replacement, Exterior Siding and more
  • No Landlord Obligations to Maintain the Parking Lot or Accessways as the Village Maintains Those Portions of the Center
  • Close Proximity to Many National Tenants Including Home Depot, Walmart, ALDI, Dollar Tree and more

OVERVIEW

CBRE, on behalf of ownership, is pleased to exclusively offer the fee simple interest in 140 Village Square, Painted Post, NY. The 18,375 square-foot center is 94% occupied. There is one unit vacant with 1,128 square-feet of space available for lease. The center is comprised of eleven units. The property is being delivered free and clear of any mortgage financing. The subject property benefits from many medical and service-oriented tenants including Rivoli Dental, Miracle Ear, The Vision Center, a martial arts studio and more. Major retailers in the nearby area include Walmart, Home Depot, ALDI, Dollar Tree, McDonald’s, KFC, Applebee’s and more. The area is surrounded by many housing communities as well as the Corning Sullivan Park R&D Campus and the Siemens Energy complex. There are over 23,000 people residing within five miles of the subject property.

FOR SALE DETAILS

PRICE

$1,830,140 USD

PRICE/SF

$104 USD /SF

CAP RATE

8.45%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1970

SPRINKLERS

-

PARKING SPACES

120

LAND DETAILS

CROSS STREETS

W.Water St.

LAND ACRES

0.41 AC

LAND SF

17,860 SF

ZONING

5

APN/PARCEL ID

464201-299-013-0002-004-000

ASK ABOUT THIS PROPERTY

Karly IaconoCBREMore Info
201-600-3237

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Karly IaconoCBREMore Info
201-600-3237

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.