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1020 Center St 271,165 SF 98% Leased Retail Building Horseheads, NY 14845 For Sale
Investment Highlights
- High Traffic Location: The property sees heavy traffic counts of approximately 32,000 cars per day due to its location directly off Interstate 86 / Hi
- Potential for Pad Site Developments: An undeveloped pad site and two additional vacant lots totaling 1.16-acres across from Chemung Street are availab
- Established and Successful Center: Longstanding successful retail plaza with a proven track record with a Weighted Average Occupied Lease Term of 10.2
- National and Regional Tenant Lineup: Tractor Supply, Ollie's Bargain Outlet, Family Dollar, CarQuest, H&R Block, Mariner Finance, Zoom Tan, and Subway
- Excellent Visibility and Access: The shopping center is highly visible from Interstate 86 / Highway 17 and easily accessible from Center Street and Ch
- Upside Opportunity through Lease Up: One available unit totaling 6,000 SF
Financial Summary (Actual - 2027) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2027) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
271,165 SF
Building Class
B
Year Built/Renovated
1961/1992
NOI
$1,271,344
Percent Leased
98%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.29
Lot Size
21.70 AC
Zoning
C-3 - Commercial
Parking
1,000 Spaces (3.69 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
- Freeway Visibility
- Property Manager on Site
- Pylon Sign
- Signage
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Barton's Home Outlet
- Retailer
-
99,999 SF
- -
- -
- FunCity
- Retailer
-
99,999 SF
- -
- -
- Ollie's Bargain Outlet
- Retailer
-
99,999 SF
- -
- -
- Tractor Supply
- Retailer
-
99,999 SF
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Barton's Home Outlet | Retailer | 99,999 SF | - | - | ||
| FunCity | Retailer | 99,999 SF | - | - | ||
| Ollie's Bargain Outlet | Retailer | 99,999 SF | - | - | ||
| Tractor Supply | Retailer | 99,999 SF | - | - |
Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
20/100
Somewhat bikeable
20/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 073401-059-013-0003-003-000-0000 | Total Assessment | $5,800,000 (2025) |
| Land Assessment | $2,677,000 (2025) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $3,123,000 (2025) | Tax Year | 2027 |
Property Taxes
Parcel Number
073401-059-013-0003-003-000-0000
Land Assessment
$2,677,000 (2025)
Improvements Assessment
$3,123,000 (2025)
Total Assessment
$5,800,000 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2027
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Videos
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Photos
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Map
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1020 Center St
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