549 Route 17 - Freestanding FOR SALE


Tuxedo Park, NY 10987
$4,650,000 USD
516-603-8870
549 Route 17, Tuxedo Park, NY for Sale
$4,650,000 USD
Freestanding - FOR SALE
1/9
null | 6.26% Cap Rate

549 Route 17
Tuxedo Park, NY 10987


OVERVIEW

Duck Cedar Plaza is a 26,000 sqft strip mall sitting on 9.25 acres of land located off highly traveled Route 17. The Plaza was fully renovated in 2016 and offers a modern environment for a wide variety of retail businesses. Rout 17 is a major thoroughfare for Greenwood Lake, Bear Mountain State Park, Ski Resorts, Hudson Valley Wineries, Woodbury Commons and the New York Renaissance Fair that draws thousands every summer. The Plazas well-kept appearance and ample parking creates a welcoming atmosphere for shoppers 365 days a year. The Complex is currently 85% occupied and has healthy leases with significant yearly increases. Projected 6% CAP by 10/22. Listed above is a link to properties that may be of interest to you. Click on the link to view the property information. This link will be active for a thirty day period. Reply by sending email to Marc G Windheuser

FOR SALE DETAILS

PRICE

$4,650,000 USD

PRICE/SF

$179 USD /SF

CAP RATE

6.26%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Duck Cedar Plaza

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Fast Food, Storefront Retail/Office, Medical

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1961

SPRINKLERS

-

PARKING SPACES

114

LAND DETAILS

LAND ACRES

9.25 AC

LAND SF

402,930 SF

ZONING

NB

APN/PARCEL ID

335003-209-000-0001-007.200-0000

ASK ABOUT THIS PROPERTY

Marc WindheuserRE/MAX TEAMMore Info
516-603-8870

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Marc WindheuserRE/MAX TEAMMore Info
516-603-8870

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