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    475 Ny-17M Monroe, NY 10950

    For Lease
    Contact for pricing

    High-traffic Monroe, NY retail space. Multiple suites available.

    Lot size:
    133,819 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    Monroe Plaza, located at 475 NY-17M in Monroe, NY 10950, presents a compelling retail investment opportunity. This power center comprises five single-story buildings totaling 133,819 square feet, featuring 19 suites. Currently, 5,000 square feet of retail space is available, with options ranging from 1,500 to 5,000 square feet. A 5,000-square-foot pad site with drive-thru potential is also available, offering 40 feet of frontage. The property boasts a strong tenant roster including Stop & Shop, Planet Fitness, Walgreens, AutoZone, and many more established national and local businesses. This prime location benefits from exceptional visibility and accessibility on NY-17M, near the intersection of Still Road. The property's strong tenant mix and high traffic counts create a stable and attractive investment opportunity. Annual property taxes are $6.77 per square foot. The surrounding area features a dense concentration of additional retail options, including CVS Pharmacy, ShopRite, Walmart, Kohl's, and numerous other national retailers, ensuring high foot traffic and consumer density. This is an exceptional opportunity to secure space in a thriving retail center with significant potential for growth and return on investment.

    Property Features for 475 Ny-17M

    General Information

    Property type
    Power centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    133,819 SF

    Building Details

    Buildings
    5
    Stories
    1

    Unit(s) available at that property

    Space
    In-Line 4
    Size
    5,000 SF
    Space
    9C - PROPOSED PAD W/DRIVE-THRU
    Size
    5,000 SF
    Space
    13A
    Size
    1,500 SF

    HighLights

    • 133,819 SF shopping center.
    • Ample parking available.
    • Signalized entrance provides excellent access.
    • High visibility from Route 17M.
    • Strong demographics.
    • Route 17M traffic count: 17,078 cars per day.
    Property Profile Location Intelligence

    Current Use by Public Records

    Power centers

    Map

    City
    Monroe
    County
    Orange
    State
    New York
    Longitude
    -74.1764742
    Latitude
    41.3181046

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    FAQs

    What type of property is this?
    Power center - High-traffic Monroe, NY retail space. Multiple suites available.
    Where is this power center located?
    The property is located at 475 Ny-17M Monroe, NY.
    What are key features of this property?
    This property features: 133,819 SF shopping center.; Ample parking available.; Signalized entrance provides excellent access.
    Request Owner's contact information
    475 Ny-17M Monroe, NY 10950
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    Monroe, NY 10950
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    475 Ny-17M Monroe, NY 10950
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