Property profile

635 Dutchess Tpke Arlington, NY 12604

OFF-MARKET
Lifestyle centers
178,202 SF 20.9 ac lot
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Property summary

AI-generated overview

This exceptional 178,202-square-foot shopping center in Poughkeepsie, New York, presents a compelling redevelopment opportunity. Located at 635 Dutchess Turnpike, this multi-tenant property sits on a 20.9-acre lot and is currently vacant. The asking price is $8,000,000, translating to $44.89 per square foot. The property boasts a highly visible location on a major retail thoroughfare (Route 44) with convenient access to Route 55, experiencing a daily traffic count estimated between 19,000 and 25,000 vehicles. Previously anchored by Kmart and featuring tenants such as Payless, Aaron's, Habitat for Humanity, and BK, the center benefits from its proximity to other established retailers including Stop & Shop, Adam's Fairacre Farms, Dollar Tree, and GameStop. The property is zoned B-SC (Shopping Center Business), offering flexibility for redevelopment plans. This prime location and substantial square footage make this an attractive investment for those seeking a significant retail project in a thriving market. The property's address is 635 Dutchess Turnpike, Poughkeepsie, NY 12604, within Dutchess County.

Property profile

Verified
Property type Lifestyle centers
Total area 178,202 SF
Lot 20.9 ac (910,404 SF)

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Home Appliance Store
  • Pharmacy

Location

635 Dutchess Tpke Arlington, NY 12604
Arlington metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

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