Listing Agency: Atlantic Retail | Albany j***@atlanticretail.com Show Phone

Listed By: Joe Mastromonaco

Source: Atlanticretail

Added: Nov 25, 2025 Changed: Jul 6 Last Checked: Jul 30 at 4:01AM

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Investment Insights

Based on property information with market context.

This new regional shopping center development is located at Route 311 & I-84 in Patterson, NY 12563. The site work was completed in Q3 2023. A lease has been signed with Costco. The location benefits from over 66,000 vehicles per day (VPD) on I-84.

Key Highlights

• Signed Lease with Costco
• Over 66,000 Vehicles Per Day (VPD) on I‑84
• New Regional Shopping Center Development

Property Analytics

Current Use

Shopping centers

Lease Details

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

10

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 12563, NY

7,586

Population

2,276

Households

3.3

Avg Household Size

41

Median Age

28%

College-Educated

93%

High-School Grad

23.5 sq mi

ZIP Area

323

Density / Sq Mi

$102,472

Median Household Income

$45,714

Median Earnings

$1,868

Median Rent

$358,200

Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019

7.1% 2020

6.5% 2021

6% 2022

5.7% 2023

5.6% 2024

6% 2025

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Frequently Asked Questions

What type of property is this?

Shopping center - Regional shopping center development with signed lease and high traffic.

Where is this shopping center located?

The property is located at Route 311 & I-84 Patterson, NY.

What are key features of this property?

This property features: Signed Lease with Costco; Over 66,000 Vehicles Per Day (VPD) on I‑84; New Regional Shopping Center Development