Property profile

2001 South Rd Poughkeepsie, NY 12601

OFF-MARKET
Lifestyle centers
125,250 SF
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Property summary

AI-generated overview

This exceptional retail opportunity presents a substantial 125,250-square-foot building situated on a 7.5-acre lot in the vibrant city of Poughkeepsie, New York. Located at 2001 South Rd, zip code 12601, this former Sears location offers a unique chance to establish a significant retail presence in Dutchess County. The property boasts a two-story structure, currently entirely vacant, providing a blank canvas for a wide range of retail concepts. The expansive square footage allows for flexible design and layout to accommodate diverse business needs. The single-tenant occupancy provides complete control and customization. Given its size and prominent location within the Poughkeepsie Galleria, this property offers exceptional visibility and accessibility to a large customer base. The ample parking available on the extensive lot ensures convenient shopping for patrons. This is a rare opportunity to acquire a substantial retail space in a high-traffic area with significant potential for growth and success. The property is available for lease and presents a compelling investment prospect for ambitious retailers seeking a substantial footprint in a thriving market. Serious inquiries are encouraged to explore this remarkable opportunity further. The property is classified as a shopping center and is categorized as retail.

Property profile

Verified
Property type Lifestyle centers
Total area 125,250 SF

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Department Store
  • Clothing & Fashion Store
  • Clothing Store Fashion Accessories Store
  • Clothing Store
  • Clothing & Fashion Store

Location

2001 South Rd Poughkeepsie, NY 12601
Poughkeepsie metro
Google Maps

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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