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    OFF-MARKET
    Retail properties & Spaces

    5533 Ny-31, Clay, NY 13039

    120,000 SF
    Property ID
    Property summary
    AI-generated overview

    This exceptional 120,000-square-foot retail space is situated within the thriving Tocco Villaggio development in Clay, New York, at 5533 NY-31, zip code 13039. The property boasts a Class A designation and is ideally located in the Micron submarket, offering unparalleled access to a large and affluent consumer base. Currently, the entire 120,000 square feet is available for lease as a single tenancy. However, the space is divisible, with a minimum leasable area of 1,600 square feet and a maximum contiguous space of 18,500 square feet. The building is comprised of 15 total suites, providing flexibility for various retail concepts, restaurants, or office uses. This development is part of a larger mixed-use project, including 72 existing and an additional 492 planned apartment units, creating a vibrant "live, work, play" environment. The property's strategic location near the Micron site ensures high visibility and significant foot traffic, making it an exceptional opportunity for businesses seeking a prominent presence in this rapidly growing area of Clay, New York. The property is categorized as Retail, Office, and Restaurant, with subtypes including Traditional Retail, Restaurant, and Grocer, offering diverse leasing options.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Total area 120,000 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
    Current use
    Occupant on record · Public records
    • Isalis (Bike/Boat/Book/etc) Store
    • Party City Party Supply Store (Bike/Boat/Book/etc) Store
    • Skunk Funk Big Box & Wholesale Store
    • Carl's Trading Co Hat Shop
    • Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
    Value estimations
    Realmo proprietary · 4 methods
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    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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