Property profile

5533 Ny-31 Clay, NY 13039

OFF-MARKET
Retail properties & Spaces
120,000 SF
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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

Location

5533 Ny-31 Clay, NY 13039
Clay metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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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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