Shopping Center Property For Sale - The Orchard

8635 Clinton St., New Hartford, NY, 13413

 

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The Orchard

8635 Clinton St., New Hartford, NY 13413

The Orchard
  • $8,435,000
  • 40,014 SF
  • $210.80
  • Shopping Center
  • Neighborhood Center
  • Net Lease Investment with 5 years left on lease
  • 9.33%
  • 100%
  • Multiple
  • 6 AC
  • Find Out More...
Last Verified  10/19/2009 Listing ID  16055807

Highlights

  • 300,000 SF (40,000 SF For Sale) Total Retail and Entertainment Shopping Center
  • Shadow Anchored by Marquee Cinema (14 screens)(Not Included), the Only Stadium Style Theater in the Greater Utica Area, Kohl's and Gander Mountain
  • Minimal Management Necessary
  • Located Between Consumer Square and Sangertown Square Mall (Shop Sales of $400 per SF)
  • Most Tenants Nationally-Recognized and Listed on Stcok Exchange
  • Between Big Box Retailers Macy's, Sear's, Lowe's, Wal-Mart, Target, and JCPenney

Description

The Orchard is a 300,000 square foot (40,000 square feet for sale) outdoor retail and entertainment center in New Hartford, NY, 50 miles from Syracuse, NY. It is anchored by Marquee Cinema (not included), the only stadium style theater (with 14 screens) in the greater Utica area, Kohl' s and Gander Mountain (both not included). The portion of the Orchard for sale is 40,000 square feet and includes national and stock exchange-listed tenants such as Chico' s, Coldwater Creek, Ann Taylor Loft, Aveda, Famous Footwear, CJ Banks and Christopher & Banks. This offering is brand-new construction and most of these tenants have been open for less than one year. There is an additional out-parcel suitable for a 14,000+ square foot building available for sale (additional price to be negotiated).

The Orchard is an opportunity for an investor to acquire a highly visible retail neighborhood with nationally-recognized tenants in an area of Upstate New York with high trade.

New Hartford, NY is located southwest of downtown Utica, NY and can be reached by Routes 5, 8, and 12, or by Genesee Street. New Hartford has experienced heavy commercial growth in the past several years and now is considered the commercial center of the Utica-Rome shopping area. The majority of growth has been on the west end of the town bordering Whitesboro and Kirkland, New York. The south and east sides of town are largely suburban and are becoming increasingly populated.

Financial Summary

Major Tenant Information

  • Actual
  • $813,000

Map of 8635 Clinton St., New Hartford, NY 13413 (Oneida County)

Contact Listing Broker to find out more details.

Presented by

Marcus & Millichap

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Contact Listing Broker
Steven Siegel (212) 430-5166 Ext: 5166
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Created 1/13/2009

Additional Information for 8635 Clinton Street, New Hartford, NY 13413

  • Active For Sale - 1 Listing
  • Active For Lease - 0 Listing
  • Previously Listed - 0 Historic Listing
  • Sales Comparables Available - 0 RecentSales Record

View additional information for the property view other currently active listings, previous listings, sales comparables, public records, and county records data for this address.

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