Shopping center in New York state

Additional information is provided after the signing of an NDA

Shopping center in New York state

2,298,000 $
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Total area: 510 m² Yield: 6.5%
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  • Operating Incomе: 140,408 €
  • Land area: 2,954 m²
  • 1-floor building
  • Occupancy: 100%

It is a shopping center, located in one of the towns in the east of New York state.


The total area is 510 m².

The plot of 2,954 m².

The shopping center is located on major retail corridor surrounded by major retailers.

The property is fully leased to two major companies.

Financial performance

Absolute income is 149,371 $.

The current yield of 6,5%.


Tenants are Verizon Wireless and Metro Mattress.

The Triple Net Lease agreement with Verizon Wireless is signed until 2022 with an extension options for 2x5 years.

The rental rates will increase per 10% every 5 years for each tenant.

The lease agreement with Metro Mattress is signed until 2022 with an extension options for 2x5 years. The agreement will become NNN is 2017.

Location and nearby objects

Cafe and restaurants

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If this property wasn’t for you, take a look at other retail space for sale in USA.

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Anna Boyarchukova
Anna Boyarchukova
Real Estate Expert Tranio in New York City
+44 20 3608 1267
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