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    Property profile & analytics
    OFF-MARKET Estimated value $640,000
    Strip malls

    610 Greece Rd, Hilton, NY 14468-8976

    22,810 SF 2.3 ac lot Built 1968
    Entity Owned Absentee Owner Free & Clear
    Property ID
    US63-2840318
    Property summary
    AI-generated overview

    North Greece Plaza offers a prime 10,000-square-foot retail space available for lease. This single-tenant property presents a blank canvas for a new business, boasting a clean slate ready for immediate build-out. The space benefits from three-phase electric service, ensuring ample power for a variety of retail operations. A convenient loading dock facilitates efficient receiving and shipping. Ample parking is provided with a 130-car parking lot, ensuring customer convenience. This exceptional location is part of the established North Greece Plaza, a community landmark with a strong 50-year history, guaranteeing high visibility and established customer traffic. Triple net lease rates are estimated between $3.00 and $3.50 per square foot. The property's size and amenities make it ideal for a wide range of retail businesses seeking a prominent location within a well-established and thriving community. The substantial parking lot ensures easy access for customers and employees alike. The existing infrastructure, including the three-phase electrical service and loading dock, minimizes upfront capital expenditures for the tenant. This presents a unique opportunity to establish a business in a highly visible and accessible location with a proven track record of success. The long-standing presence of North Greece Plaza within the community provides a strong foundation for any new retail venture.

    Property profile
    Verified
    Property type Strip malls
    Use group SHOPPING CENTER, STRIP CENTER
    Year built 1968
    Total area 22,810 SF
    Lot 2.3 ac (100,188 SF)
    APN 262800 044.02-1-22
    UPID US63-2840318
    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
    • Robbie's Bar and Grill Restaurant
    • Performance Plus Dance Productions Training Center
    • Krazy Cakes Donutz and Coffee Bakery Specialty Food Shop
    • Dell's Sweets & Treats Bakery Specialty Food Shop
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $595k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $640k
    Owner & transaction history
    ANTELLI ENTERPRISES INC
    ANTELLI ENTERPRISES INC
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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