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    OFF-MARKET
    Neighborhood centers

    500-990 Miron Ln, Kingston, NY 12401

    100,000 SF
    Property ID
    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
    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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