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2920 Rt-112
Medford, NY 11763
Medford Plaza · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Freestanding
Building Size
16,456 SF
Building Class
B
Year Built
2010
Tenancy
Single
Building Height
1 Story
Building FAR
0.19
Lot Size
1.97 AC
Zoning
452
Parking
73 Spaces (4.44 Spaces per 1,000 SF Leased)
Frontage
278’ on Rt-112 Rd

ABOUT 2920 RT-112 , MEDFORD, NY 11763

CBRE IS PLEASED TO EXCLUSIVELY PRESENT FOR SALE Medford Plaza, this 100% occupied, 16,456 square foot strip center anchored by The Learning Experience in Medford, New York. The property features three additional tenants: CosmoProf (Sally Beauty), Subway, and Heath Plus Management. The Learning Experience has been operating at this location since 2010 and currently has 5 years remaining in its initial lease term. The property sits on a large 1.97-acre parcel on NY 112 with excellent access and visibility for the 22,000+ vehicles traveling by daily. NY 112 is a main throughway and retail corridor, home to Lowe’s, Sam’s Club, Target, Michaels, 7-Eleven, Walgreens and Family Dollar. There are 7,942 people within 1 mile of the site, 68,549 people within 3 miles and 202,745 people within 5 miles. This is also an affluent market with the average household income over $97,000 within 1 mile of the site, over $104,000 within 3 miles of the site and over $105,000 within 5 miles. This high-end construction property, coupled with 100% occupancy and anchored by a dedicated and successful daycare tenant, offers an ideal investment for the astute investor.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0200-658-00-01-00-015-000
Land Assessment
$2,000
Improvements Assessment
$19,600
Total Assessment
$21,600
  • Listing ID: 19311213

  • Date on Market: 4/22/2020

  • Last Updated:

  • Address: 2920 Rt-112, Medford, NY 11763

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