Enclosed Regional Shopping
For Lease
$19-$23 SF/Yr
40 Catherwood Road, Ithaca, NY 14850
Multi-format retail destination with inline, large-format, food court, and specialty leasing opportunities.
Space SizeContact for details
Property Size328,538 SF
Days on Market31
Property Features for 40 Catherwood Road
General Information
Standard status
Active
Size
328,538 SF
Total Parking Spaces
300
Zoning
451, Commercial
Lease Type
NNN
Lease Terms
Lease Rate
$23 /USD/SF/YR
Rent per SF/Year
$19-$23
Flexible Term
Yes
Additional Details
Anchor Co-Tenants
Target, Best Buy, Regal Cinemas, Michaels, Cayuga Health
Amenities
free parking
year-round enclosed operation
direct TCAT bus service
Building Details
Building Size
328,538 SF
Year Built
1976
Buildings
1
Stories
1
Tenancy
Multi
Listing Agency:
Howard Hanna S Tier Inc
(607) 257-0800
Listed By:
Ashley McClary
Source:
Homeprocny
Added: Jul 21
Changed: Aug 14
Last Checked: Aug 19 at 3:13PM
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 Howard Hanna S Tier Inc
Investment Insights
Based on property information with market context.
This enclosed regional shopping center, built in 1976, offers a range of retail formats, including inline storefronts, large-format boxes, a former theater space, and food court opportunities. The property is zoned 451, Commercial, and operates year-round with free parking.
Located at the signalized junction of NYS Route 13 and North Triphammer Road in Ithaca, the center benefits from co-tenancy with Target, Best Buy, Regal Cinemas, Michaels, and Cayuga Health. Direct TCAT bus service connects the property with Cornell University and downtown Ithaca, while the broader trade area includes Ithaca College and surrounding counties.
Located at the signalized junction of NYS Route 13 and North Triphammer Road in Ithaca, the center benefits from co-tenancy with Target, Best Buy, Regal Cinemas, Michaels, and Cayuga Health. Direct TCAT bus service connects the property with Cornell University and downtown Ithaca, while the broader trade area includes Ithaca College and surrounding counties.
Key Highlights
- Enclosed regional shopping center at 40 Catherwood Road, Ithaca, NY 14850
- Co‑tenancy includes Target, Best Buy, Regal Cinemas, Michaels, and Cayuga Health
- Inline shops, large‑format boxes, former theater space, and food court opportunities
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$3.15 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
589
Businesses Nearby
297k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 35%
Shops & Services 20%
Groceries 15%
Dining 14%
Target
Superstores
77,971 visits/mo
0.2 miles
Tops Friendly Markets
Groceries
32,367 visits/mo
0.2 miles
McDonald's
Dining
30,895 visits/mo
0.1 miles
BJ's Wholesale Club
Superstores
26,352 visits/mo
0.3 miles
Ace Northeast Hardware
Home Improvements & Furnishings
18,480 visits/mo
0.3 miles
Demographics for 14850, NY
69,271
Population
31,772
Households
2.2
Avg Household Size
29
Median Age
72%
College-Educated
96%
High-School Grad
124.8 sq mi
ZIP Area
555
Density / Sq Mi
$69,689
Median Household Income
$36,115
Median Earnings
$1,446
Median Rent
$334,800
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Similar Off Market Nearby
- Shops at Ithaca — 40 Catherwood Rd, Ithaca, NY 14850
- Triphammer Marketplace — 2255 N Triphammer Rd, Ithaca, NY 14850
- Cayuga Shopping Center — 2309 N Triphammer Rd, Ithaca, NY 14850
Frequently Asked Questions
What type of property is this?
Shopping center - Multi-format retail destination with inline, large-format, food court, and specialty leasing opportunities.
Where is this shopping center located?
The property is located at 40 Catherwood Road Ithaca, NY.
What is the lease rate?
The lease rate is $23 SF/Yr.
What are key features of this property?
This property features: Enclosed regional shopping center at 40 Catherwood Road, Ithaca, NY 14850; Co‑tenancy includes Target, Best Buy, Regal Cinemas, Michaels, and Cayuga Health; Inline shops, large‑format boxes, former theater space, and food court opportunities
