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    Property profile & analytics
    FOR LEASE
    Strip malls

    709 N Main St, North Syracuse, NY 13212

    58,598 SF 4.21 ac lot Built 1975
    Entity Owned 11-yr Hold Free & Clear
    Property ID
    US63-1586742
    Property summary
    AI-generated overview

    Bear Road Plaza, located at 709 N Main St in North Syracuse, NY 13212, presents a compelling retail investment opportunity. This multi-tenant strip center boasts a total of 59,483 square feet, offering a variety of spaces to suit diverse business needs. Currently, there is 6,645 square feet of vacant space available, with a minimum divisible unit of 2,145 square feet and a maximum contiguous space of 10,250 square feet. The property is ideally situated in North Syracuse, Onondaga County, New York, providing excellent visibility and accessibility for customers. Ample parking is available with 235 spaces to accommodate both tenants and patrons. The property's classification as a retail strip center makes it suitable for a wide range of businesses, from smaller boutiques to larger retail operations. Its location in North Syracuse offers a strong potential for attracting a diverse customer base. The available space presents a unique chance to establish a presence in a thriving commercial area. Interested parties are encouraged to inquire about lease terms and availability. This property offers a strong return on investment potential due to its prime location and ample space. The property's size and layout provide flexibility for various business models. The high number of parking spaces ensures convenient access for customers and employees.

    Property profile
    Verified
    Property type Strip malls
    Use group SHOPPING CENTER, STRIP CENTER
    Year built 1975
    Total area 58,598 SF
    Lot 4.21 ac (183,388 SF)
    APN 312201 013.-01-03.1
    UPID US63-1586742
    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
    • Beloved Pets by Gina Pet Funeral Service
    • Joy Nail & Spa Nail Salon
    • Northeast Orthodontic Associates Dental Office
    • Petphoria Play & Stay Luxury Pet Hotel Kennel & Boarding Facility
    • Dollar General Discount Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $5.02M
    Owner & transaction history
    Nu-709 Bear Rd Partners L · 11 yrs held
    Nu-709 Bear Rd Partners L
    since 2014
    4 recorded transactions
    2014
    2014
    $3.7M
    2011
    $3.6M
    2007
    $5.1M
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Commercial (general) $7.5M +19.6%
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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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