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Property profile & analytics
OFF-MARKET
Neighborhood centers

43 Ny-59 Nanuet, NY 10954

252,000 SF
Property ID
Property summary
AI-generated overview

This exceptional retail opportunity presents 252,000 square feet of prime commercial space within Rockland Center, a thriving shopping center located on Route 59, Nanuet's main retail corridor. The property boasts a total of 29 suites across six single-story buildings, currently featuring a diverse mix of established national and regional tenants including ALDI, TJ Maxx, Sierra, Marshalls, HomeGoods, Kirkland’s Home Décor, Michaels, PetSmart, Party City, AutoZone, Optimum, McDonald’s, Chili’s, Five Guys, Sterling Optical, H&R Block, and West Nyack Pharmacy. Two spaces are immediately available, ranging from 2,000 to 10,000 square feet, with an end cap development pad opportunity also available. The center benefits from excellent visibility and accessibility, with 1,200 parking spaces to accommodate ample customer traffic. Route 59 boasts an impressive daily traffic count of 31,763 vehicles. The property's strong demographics and proximity to additional major retailers such as At Home, Stop & Shop, 24 Hour Fitness, GAP, Regal Cinema, Apple, Petco, Five Below, Costco, Verizon, Dollar Tree, Target, Starbucks, Home Depot, and Kohl's further enhance its appeal. The property underwent renovations in 20XX and offers a combined common area maintenance and tax cost of $9.02 per square foot. Contact us for rental details.

Property profile
Verified
Property type Neighborhood centers
Total area 252,000 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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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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