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Property profile

500-990 Miron Ln Kingston, NY 12401

OFF-MARKET
Neighborhood centers
View Sample
100,000 SF

Property summary

AI-generated overview

Dena Marie Plaza, located at 500-990 Miron Lane in Kingston, NY (zip code 12401), offers a unique opportunity for retail businesses seeking space in the Kingston submarket of Ulster County. This power center/neighborhood center boasts a total of 100,000 square feet, currently featuring two suites. A significant 38,734 square feet is currently vacant, offering considerable flexibility for prospective tenants. Spaces can be leased individually or combined, with a minimum divisible space of 0 square feet and a maximum contiguous space of 32,234 square feet. The property owner is highly adaptable to tenant needs and is willing to subdivide existing spaces to accommodate specific requirements. Beyond the existing spaces, there's an exciting opportunity for build-to-suit or ground lease options. The owner can construct up to 20,000 square feet of retail or office space, potentially including drive-thru capabilities, tailored to a tenant's specifications. This presents a rare chance to establish a presence in a well-situated Kingston retail center with significant growth potential. The property's latitude and longitude coordinates are 41.9592787 and -73.9886043 respectively.

Property profile

Verified
Property type Neighborhood centers
Total area 100,000 SF

Cap rate & NOI

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

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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