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Bass Pro Shops Investment Opportunity
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1579 Clark Street Rd, Auburn, NY 13022

Retail space with long-term lease and high cap rate.

Property Size103,508 SF
Price / SF$81.15
Days on Market167

Property Features for 1579 Clark Street Rd

General Information

Standard status Active
Size 103,508 SF
Property subtype Retail
Lease Type NN
Investment Type Net Lease
Net Operating Income $646,316

Building Details

Year Built 1980
Year Renovated 2004
Tenancy Single
Listing Agency: Newmark | Orange County - Irvine
Listed By: Matthew Berres · License #CA 01977909
Source: Crexi
Added: Mar 10 Changed: Aug 19 Last Checked: Aug 22 at 11:45AM

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 Newmark | Orange County - Irvine

Investment Insights

Based on property information with market context.

This retail space is occupied by Bass Pro Shops and is located within the Fingerlakes Mall. The property offers an investment opportunity with 11.7 years of lease term remaining and a 7% capitalization rate. The property has a size of 103508 square feet.

Key Highlights

  • Bass Pro Shops Tenant ensures a reliable income stream.
  • Benefit from 11.7 Years of Remaining Lease Term.
  • Attractive 7% Cap Rate.

Property Analytics

Current Use

Book Bonanza (Bike/Boat/Book/etc) Store Fingerlakes Family Karate Training Center Vitale Tax Services Tax Preparation NYS DMV CDL ... Department Of Motor Vehicles Teddy Mountain Arcade & Gaming Center

Suggested Use

Top Pick Hair Salon Furniture & Home Goods Grocery & Convenience Store Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store 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.

Location Intelligence

Trade Area within ½ mile

196
Businesses Nearby
155k
Monthly Visits Nearby

Foot Traffic Nearby

Apparel 33% Shops & Services 30% Dining 20% Home Improvements & Furnishings 15%
Kohl's Apparel
33,298 visits/mo 0.4 miles
The Home Depot Home Improvements & Furnishings
22,827 visits/mo 0.4 miles
DICK'S Sporting Goods Apparel
17,935 visits/mo 0.4 miles
Chili's Grill & Bar Dining
16,524 visits/mo 0.2 miles
Ollie's Bargain Outlet Shops & Services
15,814 visits/mo 0.2 miles

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?
Retail space - Retail space with long-term lease and high cap rate.
Where is this retail space located?
The property is located at 1579 Clark Street Rd Auburn, NY.
What is the asking price?
The asking price for this property is $8,400,000.
What are key features of this property?
This property features: Bass Pro Shops Tenant ensures a reliable income stream.; Benefit from 11.7 Years of Remaining Lease Term.; Attractive 7% Cap Rate.
(949) 608-2175 Call to check price and availability
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