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- LoopNet Team
20 N Middletown Rd
Nanuet, NY 10954
Nanuet Self-Storage Super Center · Specialty Property For Sale
·
51,815 SF
INVESTMENT HIGHLIGHTS
- $19,900,000 CubeSmart Only
- 79,175 SF GLA “Class A” two story CubeSmart with proximate freeway location.
- Nanuet is located in a densely populated infill urban location about 19 miles north of Manhattan and 2 miles north of the New Jersey border.
- No Climate-Controlled Competitors in trade area.
- Located adjacent to the on/off ramp to 287 New York Thoroughfare freeway [going home side].
PROPERTY FACTS
| Property Type | Specialty | Building Size | 51,815 SF |
| Property Subtype | Self-Storage | No. Stories | 2 |
| Building Class | C | Year Built/Renovated | 1980/2016 |
| Lot Size | 2.37 AC | Parking Ratio | 0.57/1,000 SF |
| Zoning | RS | ||
| Property Type | Specialty |
| Property Subtype | Self-Storage |
| Building Class | C |
| Lot Size | 2.37 AC |
| Building Size | 51,815 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1980/2016 |
| Parking Ratio | 0.57/1,000 SF |
| Zoning | RS |
AMENITIES
- Property Manager on Site
- Air Conditioning
ABOUT 20 N MIDDLETOWN RD , NANUET, NY 10954
We believe the subject property represents a significant investment opportunity for a number of compelling reasons, some of which are highlighted in more detail below: Underserved Storage Market: less than 2 SF per capita. National avg. is 7 SF. Affluent Neighborhood: Average family income of $105,000. In-fill location on Major Retail Corridor, adjacent to super-regional mall and power center. 45% of the population consists of renters less than a 3-mile trade area. Located at the confluence of US 40, Route 59 and 287 freeway systems. Cube Smart, the nation’s 3rd largest self-storage operator/owner, oversees the day to day operations. The store is branded as a “CubeSmart” storage facility. GEOGRAPHIC LOCATION National retail tenants anchor the neighborhood including Macy’s, Marshalls, Starbucks, Barnes & Noble Bookstore, Petco, Sears, Party City, and Dollar Tree.
PROPERTY TAXES
| Parcel Number | 392089-581-719-0009-000-000-0000 | Improvements Assessment | $849,400 |
| Land Assessment | $282,100 | Total Assessment | $1,131,500 |
PROPERTY TAXES
