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    2508 Unit Vestal, NY 13850
    Property profile & analytics

    2508 Unit Vestal, NY 13850


    • Commercial real estate
    Off-Market

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 2508 Unit

    Year built
    2008
    Property type
    Commercial real estate

    Description

    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.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use


    Location Insight

    • Map
    • Local Demand
    City
    Vestal
    County
    Broome
    State
    New York
    Longitude
    -76.0084
    Latitude
    42.0942
    More about this property
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