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    123 Route 59 Nanuet, NY 10954

    Sponsored
    For Lease
    $25 SF/Yr ($20,000 /Mo)

    Nanuet, NY: High-traffic retail space.

    Lot size:
    9,600 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional retail opportunity is located at 123 Route 59 in Nanuet, New York, within Rockland County's bustling commercial district. The property boasts a total of 9,600 square feet, currently entirely vacant and available for lease. Flexible space options are available, ranging from a minimum of 3,800 square feet to a maximum contiguous space of 5,800 square feet. The property is zoned CS (Community Shopping), reflecting its prime retail location. Its previous use as a bank included a drive-thru, presenting unique possibilities for adaptive reuse. High traffic counts are a key feature, with over 850,000 vehicles passing the site annually, according to 2019 NYS DOT data. The property offers significant potential for businesses seeking high visibility and accessibility. Prospective tenants should note that 45% of the following monthly expenses are included in the lease: taxes ($2,911.13), insurance ($217.47), and common area maintenance ($604.66). This prime location in Nanuet, NY, offers unparalleled access to a large consumer base and presents a remarkable opportunity for a variety of retail businesses. The property's size and configuration provide flexibility for various retail concepts. Contact us today to learn more about this exceptional retail space.

    Property Features for 123 Route 59

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    9,600 SF
    Total Rate
    20000

    Unit(s) available at that property

    Space
    Available space
    Size
    5,800 SF
    Rate per SF
    $25

    HighLights

    • 9,600 SF retail space available for lease in Nanuet, NY.
    • Flexible lease options from 3,800 SF to 5,800 SF contiguous.
    • CS (Community Shopping) zoning.
    • Former bank with drive‑thru; adaptive reuse potential.
    • High traffic count: over 850,000 vehicles annually (2019 NYS DOT data).
    • Lease includes 45% of taxes, insurance, and CAM ($3,733.26 monthly).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Nanuet
    County
    Rockland
    State
    New York
    Longitude
    -74.0058663
    Latitude
    41.0944408

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    FAQs

    What type of property is this?
    Retail property - Nanuet, NY: High-traffic retail space.
    Where is this retail property located?
    The property is located at 123 Route 59 Nanuet, NY.
    What is the lease rate?
    The lease rate is $25 SF/Yr.
    What are key features of this property?
    This property features: 9,600 SF retail space available for lease in Nanuet, NY.; Flexible lease options from 3,800 SF to 5,800 SF contiguous.; CS (Community Shopping) zoning.
    Request Owner's contact information
    123 Route 59 Nanuet, NY 10954
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    Nanuet, NY 10954
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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
    123 Route 59 Nanuet, NY 10954
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