Historical Retail Sale Listing - Chuck E. Cheese’s Ground Lease

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Chuck E. Cheese’s Ground Lease

3901 Vestal Parkway East, Vestal, NY 13850

N/A

11,316 SF | Retail

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Retail Property - Off Market

Price:
N/A
Building Size:
11,316 SF
Property Type:
Retail
Property Sub-type:
Restaurant
Additional Sub-types:
Free Standing Bldg
Property Use Type:
Investment
Cap Rate:
6.75%
Tenancy:
Single
Year Built:
2001
Lot Size:
1.90 AC
Listing ID
14651686
Last Updated
over 1 year ago

Highlights

  • Ground Lease w/ 10% bumps
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Description

This Chuck E. Cheese s restaurant contains approximately 11,316 square feet and is situated on 1.9 acres. The building was constructed in 2001. This property is adjacent to Campus Plaza, a power center containing approximately 140,000 square feet anchored by Olum s, Staples and Eckerd Drugs. The restaurant is within one mile of over 1 million square feet of retail contained in 2 major centers: Town Square Mall, which houses over 600,000 square feet of retail and is anchored by Super Wal-Mart, Sam s Club, Dick s Sporting Goods, Barnes & Noble, TJ Maxx and Loews Cinemas; and Parkway Plaza, which contains 400,000 square feet and is anchored by Target, Kohl s, Bed, Bath & Beyond, and Circuit City.

The town of Vestal is on the southern border of Broome County and is located southwest of Binghamton. Binghamton is part of the Southern Tier of Upstate New York and is located 75 miles from Syracuse and approximately 150 miles from both New York City and Philadelphia. Binghamton is the home of State University of New York at Binghamton, with an enrollment of almost 14,000 students and Broome Community College with an enrollment of 6,000+ students.

Map of 3901 Vestal Parkway East, Vestal, NY 13850 (Broome County)

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