Grocery-anchored multi-tenant retail plaza for sale - Middleburgh Meadows Plaza, 174 Marjorie Lane, Middleburgh, NY - offered at $2,950,000 ($122.91 PSF) with a 6.72% cap rate. Built in 2018, this modern two-building center totals 24,002 SF on 4.00± acres with 120 parking spaces (5:1 ratio). NNN leases with annual increases provide stable income and minimal management. Anchored by a regional grocery tenant and adjacent to new residential development. Municipal water, private septic, 4,703 AADT. Excellent investment opportunity in a growing market.
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Features
Square Feet: 24,002
Town: Middleburgh
Bedrooms: 0
Full Bathrooms: 0
Estimated Taxes: $20,488
Water: Public
Sewer: Septic Tank
Heat: Forced Air
Garage: 0
Exterior: Block
Cooling: Central Air
Parking Spaces: 120
Zoning: Commercial
Location
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