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4777 Vestal Pkwy E Vestal, NY 13850

For Sale
$1,800,000

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

Property size:
9,064 SF
Lot size:
0.56 Acres

Property Features for 4777 Vestal Pkwy E

General Information

Size
9,064 SF
Lot size
0.56 Acres

Source: Marcus & Millichap | Manhattan Agent John Horowitz

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


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 Women'S Clothing Store Knead Relief Massage Massage Therapist Elizabeth's Shoes and Accessories Shoe Store MERLE NORMAN COSMETICS ... Beauty Supply Store

Suggested Use

Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

Location Insight

  • Map
  • Local Demand
City
Vestal
County
Broome
State
New York
Longitude
-75.9478678
Latitude
42.0925021

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 $1,800,000.
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.
More about this property
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