2508 Unit, Vestal, NY 13850
This exceptional sublet opportunity is located at 2508 Vestal Parkway East, Suite 2, Vestal, NY, offering high visibility and significant foot traffic. Situated directly across from a Walmart, this suite benefits from an average of over 24,000 cars passing daily. The space, previously occupied by The Hemp Geek, comprises a large retail showroom area, two private offices, and a utility room. A private restroom is included, along with access to a shared handicap-accessible restroom. The annual lease cost is $43,800, which equates to $3,650 per month, encompassing all CAM charges. This all-inclusive pricing makes budgeting simple and predictable. The sublet agreement extends until June 30, 2027, providing a substantial lease term. The space's strategic location within a small plaza, coupled with the imminent opening of a fast-food restaurant with a drive-through directly adjacent, promises exceptional exposure and customer accessibility. This makes it ideal for a variety of businesses, including retail and professional services. The current lease is available for review upon request. The plaza owner will provide final approval for any subleasing tenant. To further incentivize new businesses, the current leaseholder is offering one month of free rent as a startup allowance. This is a remarkable opportunity to establish a business in a high-traffic, highly visible location with fixed expenses.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.