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Retail Space Near Aldi
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341 State Route 211 East, Middletown, NY 10940

Retail space available next to Aldi in Middletown, NY.

Space Size8,500 SF
Days on Market1072

Property Features for 341 State Route 211 East

General Information

Standard status Active
Size 8,500 SF
Property subtype Retail
Lease Type NNN

Building Details

Building Size 8,500 SF
Tenancy Single

Spaces For Lease

at 341 State Route 211 East Contact us

Tenant 2

Size
8,500 SF
Type
Retail
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Vanguard-Fine LLC
Listed By: Christopher Farrell · License #NY 1223647
Source: Crexi
Added: Sep 15, 2023 Changed: Aug 12 Last Checked: Aug 19 at 11:28PM

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 Vanguard-Fine LLC

Investment Insights

Based on property information with market context.

This retail space, comprising approximately 8,500 square feet, is located next to a high-traffic Aldi store. The property is situated at a lit intersection in the heart of the Middletown, NY retail corridor. This location offers a prominent position within a busy commercial area.

Key Highlights

  • Located in the heart of the Middletown, NY retail corridor.
  • 8,500 +/- Sq. Ft. of retail space.
  • Next door to a very busy Aldi.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Spa & Massage Center Gym & Fitness Center Storage Facility

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

NNN (Triple Net)
Lease Type
$1.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

93
Businesses Nearby

Demographics for 10940, NY

52,803
Population
19,930
Households
2.6
Avg Household Size
39
Median Age
24%
College-Educated
86%
High-School Grad
63.1 sq mi
ZIP Area
837
Density / Sq Mi
$87,198
Median Household Income
$46,435
Median Earnings
$1,600
Median Rent
$301,400
Median Home Value

Market

Lease Benchmarks for Middletown, NY

$22.7 /SF/Yr
Avg Asking Price
$13.2–$28 /SF/Yr
Price Range
7,334 SF
Avg Space Size

This space is priced 47% below the average of $22.7 /SF/Yr.

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?
Retail space - Retail space available next to Aldi in Middletown, NY.
Where is this retail space located?
The property is located at 341 State Route 211 East Middletown, NY.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: Located in the heart of the Middletown, NY retail corridor.; 8,500 +/- Sq. Ft. of retail space.; Next door to a very busy Aldi.
(518) 862-0861 Call to check price and availability
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