78 Middletown Rd Nanuet, NY 10954
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Prime Retail Investment, 7,818 SF, 7.6% Cap Rate
Property size:
7,818 SFProperty Features for 78 Middletown Rd
General Information
- Property type
- Retail properties
- Square Feet
- 7,818 SF
- Lot Size
- 33,106 SF
Listing Agency: Triforce Commercial RE LLC Listing Agent: Jason Horowitz
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
This exceptional 7,818 square foot multi-tenant retail center presents a compelling investment opportunity in Nanuet, New York. Located at 78 South Middletown Road, this property boasts a highly visible position directly across from The Shops at Nanuet, a major shopping destination, and enjoys convenient access to Route 59, ensuring high traffic volume and excellent exposure. The building sits on a 0.76-acre lot and is zoned HC-N. Currently, the occupancy rate stands at 75%, offering immediate income potential. The asking price is $2,680,000, representing a strong 7.60% capitalization rate. The property is structured as a triple net (NNN) lease, minimizing landlord responsibilities. The building offers a unique opportunity for an owner-occupier, with approximately 2,200 square feet available for immediate use. This prime location, combined with the strong cap rate and potential for future growth, makes this a truly exceptional investment opportunity in a thriving retail market. The property's high visibility and convenient location ensure consistent exposure to a large and diverse customer base. This is a rare chance to acquire a well-situated retail center in a high-demand area. The property's size and configuration offer flexibility for a variety of retail uses.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
theMEDibar
Spa & Massage Center
Vogue Salon
Hair Salon
Venus & Venom MEDIspa
Spa & Massage Center
Location Insight
- Map
- Local Demand
- City
- Nanuet
- County
- Rockland
- State
- New York
- Longitude
- -74.0122474
- Latitude
- 41.0943107
Nearby Similar for Sale
FAQs
What type of property is this?
Retail property - Prime Retail Investment, 7,818 SF, 7.6% Cap Rate
Where is this retail property located?
The property is located at 78 Middletown Rd Nanuet, NY.
What is the asking price?
The asking price for this property is $2,680,000.
What are key features of this property?
This property features: 7,818 SF multi-tenant retail center in Nanuet, NY.; High-visibility location across from The Shops at Nanuet, with easy Route 59 access.; 0.76-acre lot, HC-N zoning.