4777 Vestal Pkwy E Vestal, NY 13903
- SRS National Net Lease Group is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a riverfront multi-tenant retail investment property located in Vestal, New York. - The national specialty retailer Talbots anchors the property and recently exercised a five year extension, extending their expiration through January 2030 and demonstrating their long term commitment to the site. - The property has not had a vacancy in 30 years. Talbots and Elizabeth’s Shoes and Accessories have been tenants at the property since 1992. - The second largest tenant in the project, Knead Relief Massage, has been a tenant since 2010. Talbots and Knead Relief are on NNN leases and reimburse expenses per their pro-rata share. - The tenants Elizabeth Shoes and Homestead Funding are on gross leases. - Future conversion of gross leases to NNN would provide ownership additional revenue.
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Talbots Clothing & Fashion Store
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Knead Relief Massage Alternative Medicine Practice Spa & Massage Center
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Elizabeth's Shoes and Accessories Clothing & Fashion Store (Bike/Boat/Book/etc) Store
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MERLE NORMAN COSMETICS STUDIO (Bike/Boat/Book/etc) Store Cosmetic Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.