Property profile

451 Us-9 Fishkill, NY 12524

OFF-MARKET
Retail properties & Spaces
Built 1980
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Property summary

AI-generated overview

The Dutchess Mall, a 400,000 square foot retail center, presents a unique investment opportunity in Fishkill, New York. Strategically located at the intersection of Route 9 and Interstate 84 in Dutchess County, this multi-tenant property boasts a strong roster of established businesses, including Home Depot, McDonald's, and Citizens Bank. Currently undergoing a significant redevelopment, the second phase will introduce substantial big-box spaces ranging from 25,000 to 80,000 square feet, catering to a variety of retail needs. Further enhancing its appeal are the available Route 9 pad sites, ideal for additional development or expansion. The surrounding area is a thriving commercial hub, featuring a 2.6 million square foot GAP warehouse, Sam's Club, Walmart, Regal Cinema, over 500,000 square feet of office and medical buildings, and numerous national retail chains and restaurants. The high concentration of over eleven national chain hotels in the immediate vicinity underscores the significant traffic and consumer base present. This prime location and ongoing redevelopment make the Dutchess Mall an exceptional investment prospect with substantial growth potential. The property was built in 1980.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1980

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

451 Us-9 Fishkill, NY 12524
Fishkill metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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