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4777 Vestal Pkwy E Vestal, NY

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Multi-tenant retail property with long-term tenants in Vestal, New York.

Type:RETAIL
Property size:
9,064 SF
Lot size:
0.56 Acres
Price / SF:
$231/SF
Added:
Jul 5, 2023
Days on Market:
1023
Last Refresh:
Apr 5 at 10:11 pm

Property Features for 4777 Vestal Pkwy E

General Information

Standard status
Active
Size
9,064 SF
Lot size
0.56 Acres
Property subtype
RETAIL

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Listing Contact
Britt Raymond
Britt Raymond

Listing agent Britt Raymond

Listing office SRS Real Estate Partners | New York

Listing date Jul 5, 2023

Source Moodyscre

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of SRS Real Estate Partners | New York


Overview

Riverfront Retail Investment Opportunity

This multi-tenant retail investment property is located in Vestal, New York. The property is anchored by Talbots, a national specialty retailer, who recently exercised a five-year extension, extending their expiration through January 2030. Knead Relief Massage, the second largest tenant, has been a tenant since 2010. Elizabeth’s Shoes and Accessories have been tenants at the property since 1992. Homestead Funding is also a tenant. The property has not had a vacancy in 30 years. 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. The property has a size of 9064 square feet.
Location Intelligence

Current Use by Public Records

Talbots Clothing & Fashion Store Knead Relief Massage Alternative Medicine Practice Elizabeth's Shoes and Accessories Clothing & Fashion Store MERLE NORMAN COSMETICS ... (Bike/Boat/Book/etc) Store

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Vestal
County
Broome
State
New York
Longitude
-75.9479
Latitude
42.0925

FAQs

What type of property is this?
Strip mall - Multi-tenant retail property with long-term tenants in Vestal, New York.
Where is this strip mall located?
The property is located at 4777 Vestal Pkwy E Vestal, NY.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: Anchored by Talbots, with a lease extended to January 2030, demonstrating long‑term commitment.; Riverfront location in Vestal, New York.; Historically stable investment with no vacancy in 30 years.
(704) 517-4712 Call to check price and availability
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