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Crossroads Shopping Plaza 1101-1109 Main St 7,518 SF of Retail Space Available in Peekskill, NY 10566
HIGHLIGHTS
- 7,518± SF retail space – rare large-format footprint
- Right Next to Newly Renovated Luxury Apartments
- Walkable downtown location, near Paramount Center for the Arts, WCC Center for Digital Arts, Hudson River Health Care, DMV, Farmer’s Market, and More!
- 41 dedicated parking spaces on-site, plus garage across the street
- Strong co-tenancy: Grocery store, Dunkin’ Donuts, gym, deli, liquor store, beauty salons, pizzeria, Chinese restaurant
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- CEILING
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor | 7,518 SF | 10’ - 13’ | 5-15 Years | $21.00 /SF/YR $1.75 /SF/MO $157,878 /YR $13,157 /MO | Triple Net (NNN) |
1101-1109 Main St - 1st Floor
- Lease rate does not include utilities, property expenses or building services
- Central Air Conditioning
- Finished Ceilings: 10’ - 13’
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS
| Total Space Available | 7,518 SF | Frontage | 408’ on Main St |
| Center Type | Neighborhood Center | Gross Leasable Area | 60,565 SF |
| Parking | 160 Spaces | Total Land Area | 5.79 AC |
| Stores | 1 | Year Built | 1994 |
| Center Properties | 2 |
| Total Space Available | 7,518 SF |
| Center Type | Neighborhood Center |
| Parking | 160 Spaces |
| Stores | 1 |
| Center Properties | 2 |
| Frontage | 408’ on Main St |
| Gross Leasable Area | 60,565 SF |
| Total Land Area | 5.79 AC |
| Year Built | 1994 |
ABOUT THE PROPERTY
STRONG EXPOSURE RETAIL SPACE IN THE CROSSROADS SHOPPING CENTER. 7,518± SF retail space (former Family Dollar) – rare large-format footprint in Downtown Peekskill Prime location in Crossroads Plaza, a successful community shopping center High visibility with 310 ft. frontage on Main Street, plus additional frontage on Park, South James, and North Broad Streets 41 dedicated parking spaces on-site, plus garage across the street and metered street parking Strong co-tenancy: Grocery store, Dunkin’ Donuts, gym, deli, liquor store, beauty salons, pizzeria, Chinese restaurant New residential apartments across the street fueling consistent customer base Walkable downtown location, near Paramount Center for the Arts, WCC Center for Digital Arts, Hudson River Health Care, DMV, Farmer’s Market, and Antiques/Flea Market Zoning and community support for diverse retail and service businesses, including potentialcannabis dispensary Flexible NNN lease terms at $21/SF Co-Tenancy & Built-In Traffic This healthy tenant mix creates daily traffic and shared customer bases. The proximity to community landmarks like The Paramount Center for the Arts, WCC Center for Digital Arts, Hudson River Health Care, and the DMV provides additional footfall and cross-shopping opportunities. Ideal Size and Visibility A 7,500± SF footprint is a rare opportunity in downtown Peekskill, offering the flexibility to accommodate large-format retail, experiential concepts, or destination businesses. Located within Crossroads Plaza, the site benefits from: High visibility with frontage along Main Street, Park Street, South James Street, and North Broad Street Exceptional vehicle and pedestrian traffic, with multiple access points A 141-space parking lot plus adjacent garage and street parking Walkability to residential neighborhoods, loft apartments, and cultural destinations Businesses That Would Thrive in This Location The plaza’s size, layout, and demographics support a wide range of successful uses: National or Regional Retailers– apparel, sporting goods, home décor, value chains Specialty Food & Beverage– restaurants, breweries, gourmet markets, quick-service chains Health & Wellness– fitness concepts, urgent care, physical therapy, spa/beauty Entertainment & Experiential– family fun centers, arcades, immersive retail Cannabis Retail– New York State legalized adult-use cannabis sales, and Peekskill’s progressive, supportive business environment makes this a strong candidate for a dispensary or hybrid lounge/retail model. Community Services/Education– daycare, tutoring centers, vocational training. Demographics and Market Potential Within a15-minute drive: 141,916 residents 71,789 people ages 18–54(prime consumer demographic) $106,992 average household income According to Claritas Nielsen data, Food Service & Drinking Places alone represent a$20M to $107M retail potential within a 5–15 minute drive. Why Lease a 7,500± SF Retail Space in Peekskill, NY A Growing, Thriving Hudson River Town Peekskill has rapidly transformed into one of the Hudson Valley’s most dynamic and desirable historic river towns. The city continues to attract new residents and businesses due to its charm, affordability compared to southern Westchester, and its central location on the Metro-North Hudson Line. The local government, BID, and Chamber of Commerce are uniquely proactive in supporting business growth through investments, events, and infrastructure improvements. Recent multimillion-dollar projects, such as White Plains Linen’s $7.6M expansion in Peekskill, underscore investor confidence and long-term momentum in the area.
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Crossroads Shopping Plaza | 1101-1109 Main St
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