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Property profile & analytics
OFF-MARKET
Neighborhood centers

311 & I-84 Rte Patterson, NY 12563

400,000 SF
Property ID
Property summary
AI-generated overview

Patterson Crossing, a new regional shopping center in Putnam County, NY, presents an exceptional opportunity for retail businesses. Strategically located at the intersection of Route 311 and I-84, this development boasts over 400,000 square feet of total building space, offering significant visibility and accessibility to a large consumer base. A major anchor tenant, Costco, is already signed, ensuring a strong draw for shoppers. The high-traffic location sees over 66,000 vehicles per day on I-84, providing unparalleled exposure for your business. Currently, there are 11 available spaces ranging from a minimum of 75 square feet to a maximum contiguous space of 159,600 square feet, catering to a wide variety of retail needs. With 380,175 square feet of vacant space, this is a unique chance to establish a presence in a thriving retail environment. Site work is complete, with the center projected to open in Q3 2023. The property's location in Patterson, NY, zip code 12563, offers easy access for both local residents and commuters. This is a prime opportunity to capitalize on the significant growth potential of this new development. Contact us today to learn more about the available spaces and secure your place in this dynamic retail center.

Property profile
Verified
Property type Neighborhood centers
Total area 400,000 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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