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    OFF-MARKET
    Power centers

    1490 9, Wappingers Falls, NY 12590

    400,000 SF
    Property ID
    Property summary
    AI-generated overview

    This exceptional retail opportunity is located within Wappinger Plaza, a thriving power center in Dutchess County. The property offers a 1,728 square foot freestanding building with a drive-thru, ideal for a variety of businesses. This space is part of a larger 400,000 square foot center comprised of five buildings, boasting strong co-tenancy with established national retailers such as Hannaford Supermarkets (a recently renovated 55,000 square foot anchor), Goodwill Superstore, Popeyes, and many more local businesses. The center benefits from a high traffic count, with 47,574 vehicles daily on Route 9 (Albany Post Road) and 14,579 vehicles daily on Myers Corners Road. Wappinger Plaza features convenient signaled access on Route 9 and ample parking with 640 spaces. The property's strategic location places it near other major retailers including BJ's Wholesale Club, Walgreens, Home Depot, and numerous others, ensuring high visibility and customer traffic. The minimum divisible space is 1,200 square feet, and currently, 6,400 square feet are vacant. Taxes are $7.41 per square foot. Contact us for rental rates and CAM charges. This is a truly exceptional opportunity to establish or expand your business in a high-demand location.

    Property profile
    Verified
    Property type Power centers
    Total area 400,000 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
    Current use
    Occupant on record · Public records
    • Isalis (Bike/Boat/Book/etc) Store
    • Party City Party Supply Store (Bike/Boat/Book/etc) Store
    • Skunk Funk Big Box & Wholesale Store
    • Carl's Trading Co Hat Shop
    • Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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