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Kohl's Absolute NNN Retail Asset
For Sale
Contact for pricing
Pending

8625 Clinton St, New Hartford, NY 13413

Fee simple Kohl's property features an absolute NNN lease with approximately ten years remaining on the base term.

Property SizeContact for details
Days on Market115

Property Features for 8625 Clinton St

General Information

Standard status Pending
Property subtype Retail

Additional Details

Cap Rate 6.5%
Traffic Count 24,000 vehicles/day
Listing Agency: CBRE - Saddle Brook
Listed By: Karly Iacono · License #NY 10401274993
Source: Crexi
Added: Apr 13 Changed: Jul 21 Last Checked: Aug 3 at 9:38AM

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 CBRE - Saddle Brook

Investment Insights

Based on property information with market context.

Exclusively presented fee simple Kohl’s retail property is subject to an absolute NNN lease with approximately ten years remaining on the base term. The lease includes five, five-year renewal options, and provides for rental increases of $0.48/SF in 2026 and $0.50/SF every five years thereafter.

The property operates as the anchor tenant of Orchard Shopping Plaza. Other plaza tenants include Unos Bar and Grill, Marquee Cinema, 99 Restaurants and Pub, Sally Beauty, and LOFT, among others. The surrounding retail area includes retailers such as Walmart, Lowe’s, T.J. Maxx, PetSmart, Best Buy, Barnes and Noble, Hobby Lobby, and Target, plus additional nearby shopping.

Visibility is supported by more than 24,000 vehicles per day, and the area is described as densely populated with more than 93,000 people within five miles.

Key Highlights

  • Fee simple Kohl’s with an absolute NNN lease and approximately 10 years remaining on the base term
  • Absolute NNN structure with five 5‑year renewal options
  • Lease rent increases: $0.48/SF in 2026 and $0.50/SF every five years thereafter

Property Analytics

Current Use

Kohl's Department Store SEPHORA at Kohl's Cosmetic Store

Suggested Use

Top Pick Law Firm Real Estate Agency Building Supply Parking Lot & Garage Storage Facility Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

24,000 VPD
Traffic count

Location Intelligence

Trade Area within ½ mile

589
Businesses Nearby
927k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Superstores 28% Shops & Services 20% Apparel 18% Dining 14%
Walmart Superstores
138,486 visits/mo 0.4 miles
Target Superstores
122,916 visits/mo 0.5 miles
Kohl's Apparel
67,011 visits/mo 0.1 miles
T.J. Maxx Apparel
53,452 visits/mo 0.3 miles
Five Below Shops & Services
47,948 visits/mo 0.5 miles

Demographics for 13413, NY

15,574
Population
7,537
Households
2.1
Avg Household Size
47
Median Age
49%
College-Educated
95%
High-School Grad
19.3 sq mi
ZIP Area
807
Density / Sq Mi
$91,899
Median Household Income
$57,723
Median Earnings
$1,133
Median Rent
$218,900
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
Rey
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Frequently Asked Questions

What type of property is this?
Shopping center - Fee simple Kohl's property features an absolute NNN lease with approximately ten years remaining on the base term.
Where is this shopping center located?
The property is located at 8625 Clinton St New Hartford, NY.
What are key features of this property?
This property features: Fee simple Kohl’s with an absolute NNN lease and approximately 10 years remaining on the base term; Absolute NNN structure with five 5‑year renewal options; Lease rent increases: $0.48/SF in 2026 and $0.50/SF every five years thereafter
More about this property
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