Property profile

8240 Manlius Cazenovia Rd Manlius, NY 13104

OFF-MARKET
Retail properties & Spaces
16,000 SF 2.27 ac lot Built 2005
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Property summary

AI-generated overview

This exceptional Class A retail space, totaling 1,240 square feet, is situated within a thriving 16,000 square foot shopping center at 8240 Manlius Cazenovia Road in Manlius, NY. The property, built in 2005, boasts a single, one-story building with 11 suites and ample parking (105 spaces). The recently upgraded parking lot serves this convenient location, easily accessible from Route 92 near Enders Road. This high-income area is characterized by upscale housing, proximity to schools, and convenient access to commuter routes. Route 92 provides direct access to the affluent community of Cazenovia. The property is zoned for retail use and sits on a 2.27-acre lot in the Manlius East submarket of Onondaga County. This established shopping center offers a strong tenant mix, including Walgreens, Supercuts, Gabrielle's Chocolate and Ice Cream, The Wine House, Modern Nails, and NBT Bank, creating a vibrant and desirable retail environment. The minimum divisible space is 1,240 square feet, with a maximum contiguous space also at 1,240 square feet. The available space features 100-amp power. This presents a unique opportunity for a business seeking a prominent location in a high-traffic area with established clientele.

Property profile

Verified
Property type Retail properties & Spaces
Year built 2005
Total area 16,000 SF
Lot 2.27 ac (98,881 SF)

Cap rate & NOI

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

Location

8240 Manlius Cazenovia Rd Manlius, NY 13104
Manlius metro
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Value estimations

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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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