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Franchise Restaurant - Interstate Hwy 23 Crystal Run Xing 6,960 SF Retail Building Middletown, NY 10941 $2,000,000 ($287.36/SF)
INVESTMENT HIGHLIGHTS
- Directly off Highway exit
- Surrounded by 3 hotels & other demand generators
- Interstate Crossroads with 70k & 49k vehicles daily
EXECUTIVE SUMMARY
FINANCIAL SUMMARY (PRO FORMA - 2025) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$250,000
|
$35.92
|
FINANCIAL SUMMARY (PRO FORMA - 2025)
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income | |
|---|---|
| Annual | $250,000 |
| Annual Per SF | $35.92 |
PROPERTY FACTS
AMENITIES
- Signage
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- POSITION
- AVAILABLE
Franchise ready restaurant location with visibility from the highway is ready for a new concept. Situated at the intersection of I-84 & NY-17, this 6,960 sf building is in the center of many demand generators. Three hotels surround the property allowing customers an easy walk, Garnet Health Medical Center (Hospital), The Crystal Run Galleria, the site borders the highway and the exit drops traffic directly onto Crystal Run Crossing which provides easy access on and off the site. Other businesses that draw traffic to the area are; Outback Steakhouse, Chilli's Grill, D'Lux Diner, A brand new Starbucks, Dunkin Donuts, not to mention being in the middle of Middletown's Medical corridor close to many professional office tenants.
| Space | Size | Space Use | Position | Available |
| 1st Floor | 6,960 SF | Restaurant | - | Now |
1st Floor
| Size |
| 6,960 SF |
| Space Use |
| Restaurant |
| Position |
| - |
| Available |
| Now |
1st Floor
| Size | 6,960 SF |
| Space Use | Restaurant |
| Position | - |
| Available | Now |
Franchise ready restaurant location with visibility from the highway is ready for a new concept. Situated at the intersection of I-84 & NY-17, this 6,960 sf building is in the center of many demand generators. Three hotels surround the property allowing customers an easy walk, Garnet Health Medical Center (Hospital), The Crystal Run Galleria, the site borders the highway and the exit drops traffic directly onto Crystal Run Crossing which provides easy access on and off the site. Other businesses that draw traffic to the area are; Outback Steakhouse, Chilli's Grill, D'Lux Diner, A brand new Starbucks, Dunkin Donuts, not to mention being in the middle of Middletown's Medical corridor close to many professional office tenants.
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 335200-078-000-0001-080.700-0000 | Improvements Assessment | $306,000 (2024) |
| Land Assessment | $126,000 (2024) | Total Assessment | $432,000 (2024) |
PROPERTY TAXES
Presented by
Franchise Restaurant - Interstate Hwy | 23 Crystal Run Xing
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