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Property profile & analytics
OFF-MARKET
Power centers

475 Ny-17M Monroe, NY 10950

133,819 SF
Property ID
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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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