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Property profile

475 Ny-17M Monroe, NY 10950

OFF-MARKET
Power centers
133,819 SF
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Property summary

AI-generated overview

Monroe Plaza, located at 475 NY-17M in Monroe, NY 10950, presents a compelling retail investment opportunity. This power center comprises five single-story buildings totaling 133,819 square feet, featuring 19 suites. Currently, 5,000 square feet of retail space is available, with options ranging from 1,500 to 5,000 square feet. A 5,000-square-foot pad site with drive-thru potential is also available, offering 40 feet of frontage. The property boasts a strong tenant roster including Stop & Shop, Planet Fitness, Walgreens, AutoZone, and many more established national and local businesses. This prime location benefits from exceptional visibility and accessibility on NY-17M, near the intersection of Still Road. The property's strong tenant mix and high traffic counts create a stable and attractive investment opportunity. Annual property taxes are $6.77 per square foot. The surrounding area features a dense concentration of additional retail options, including CVS Pharmacy, ShopRite, Walmart, Kohl's, and numerous other national retailers, ensuring high foot traffic and consumer density. This is an exceptional opportunity to secure space in a thriving retail center with significant potential for growth and return on investment.

Property profile

Verified
Property type Power centers
Total area 133,819 SF

Cap rate & NOI

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

Location

475 Ny-17M Monroe, NY 10950
Monroe 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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