Property profile

1490 9 Wappingers Falls, NY 12590

OFF-MARKET
Power centers
400,000 SF
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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

Location

1490 9 Wappingers Falls, NY 12590
Wappingers Falls 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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