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1273 Ulster Ave
Kingston, NY 12401
Vitamin Shoppe · Retail Property For Sale
Investment Highlights
- Low Rent and Low Price Point Investment - Long Term Upside Potential and Low Downside Risk
- 4.9 Lease Years Remaining in Primary Term - Two 5-Year Option Periods
- Positioned Along Kingston’s Busiest Retail Corridor - Ulster Ave (Route 9W) - Over 27,300 VPD
- Single-Tenant Net-Leased Retail Asset – The Vitamin Shoppe - The Vitamin Shoppe has 670+ Stores Across 46 States and Territories
- Strong Rent Increases – ~19% Bumps in 2028 & First Option - 10% Bump in Second Option
- Demographics – Over 96,500 Residents within a 10-Mile Radius - Average Household Income Exceeding $119,000 within a 10-Mile Radius
Property Facts
Property Type
Retail
Property Subtype
Freestanding
Building Size
2,838 SF
Building Class
B
Year Built
2016
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
0.59 AC
Zoning
B-1 - Business District
Parking
12 Spaces (4 Spaces per 1,000 SF Leased)
Amenities
- Signage
- Monument Signage
Property Taxes
| Parcel Number | 5400-048.007-0001-021.000-0000 | Improvements Assessment | $686,900 |
| Land Assessment | $188,100 | Total Assessment | $875,000 |
Property Taxes
Parcel Number
5400-048.007-0001-021.000-0000
Land Assessment
$188,100
Improvements Assessment
$686,900
Total Assessment
$875,000
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