Bubble Tea Storefront
1488 Us-9 Wappingers Falls, NY 12590
1488 Us-9, Wappingers Falls, NY, 12590
$180,000
For Sale
$180,000
Turnkey bubble tea business in a busy shopping plaza, sold as-is with equipment, fixtures, furniture, and business assets.
Property Size1,200 SF
Price / SF$150
Days on Market9
Property Features for 1488 Us-9
General Information
- Standard status
- Active
- Size
- 1,200 SF
- Property subtype
- Business Opportunity
Listing agency
Chase Global Realty Corp
(917) 225-5503
Listed by
Kayo Lee
(917) 225-5503
Source
Cohenandcohenrealty
Added: Jul 13 Updated: Jul 21 at 1:53PM Checked: Jul 21 at 1:53PM
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 Chase Global Realty Corp
Investment Insights
Based on property information with market context.
This turnkey bubble tea storefront is offered for sale as-is, including all equipment, fixtures, furniture, and business assets. The store is approximately 1,000–1,200 SF.
The business is located in a busy shopping plaza. Rent is approximately $3,500 per month triple net, with about two years remaining on the lease plus a five-year renewal option. Estimated operating expenses include electricity of approximately $500 per month, quarterly water charges prorated by store size, and no gas usage.
The offering is presented as a nationally recognized brand bubble tea operation and is best suited for an owner-operator interested in managing daily operations.
The business is located in a busy shopping plaza. Rent is approximately $3,500 per month triple net, with about two years remaining on the lease plus a five-year renewal option. Estimated operating expenses include electricity of approximately $500 per month, quarterly water charges prorated by store size, and no gas usage.
The offering is presented as a nationally recognized brand bubble tea operation and is best suited for an owner-operator interested in managing daily operations.
Key Highlights
- Bubble tea business in a busy shopping plaza, approximately 1,000–1,200 SF
- Sold as‑is including all equipment, fixtures, furniture, and business assets
- Lease rent approximately $3,500/month triple net, with about 2 years remaining
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $22.9k | $19.08 |
| − Vacancy | −$962 | −$0.80 |
| EGI | $21.9k | $18.28 |
| − OpEx | −$6.6k | −$5.48 |
| NOI | $15.4k | $12.80 |
1,200 SF · lease $19.08/SF/yr · vacancy 4.20% · expense 30.00%
Alternative Uses
Best Use
Specialty Retail
$310.4K
$271.6K – $362.1K
NOI $21,727 @ 7.0% cap · market cap 12.07%
Second Best
Retail
$219.3K
$191.9K – $255.9K
NOI $15,354 @ 7.0% cap · market cap 8.53%
Theoretical Best
Office A
$361.2K
$316.1K – $421.4K
NOI $25,285 @ 7.0% cap · market cap 14.05%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Coffee shops
Similar For Sale Nearby
Similar Off Market Nearby
- NORMA'S CORNER SHOPPE — 2648 e main st, wappingers falls, ny 12590
- Norma's (Wappingers Falls) — 2650 e main st, wappingers falls, ny 12590
- Apple Valley coffee — Wappingers Falls, NY 12590
- Norma’s Wappingers — 2648 E Main St, Wappingers Falls, NY 12590
- Starbucks — 1557 Albany Post Rd, Wappingers Falls, NY 12590
FAQs
What type of property is this?
Coffee shop - Turnkey bubble tea business in a busy shopping plaza, sold as-is with equipment, fixtures, furniture, and business assets.
Where is this coffee shop located?
The property is located at 1488 Us-9 Wappingers Falls, NY.
What is the asking price?
The asking price for this property is $180,000.
What are key features of this property?
This property features: Bubble tea business in a busy shopping plaza, approximately 1,000–1,200 SF; Sold as‑is including all equipment, fixtures, furniture, and business assets; Lease rent approximately $3,500/month triple net, with about 2 years remaining
