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31 Ted Dr
Pine Bush, NY 12566
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Triple AAA Credited Tenant
EXECUTIVE SUMMARY
31 Ted Drive (visible and accessible from Route 52)
35,700 sf HANNAFORD Supermarket on 6.6 acres with 207 car parking (6:1 parking)
Lease expiration: November, 2023 with FIVE, 5-year options thereafter
* possible expansion *
close to Route 302, I-84 and I-87
Neighboring tenants include Rite Aid, Mc Donald's, Dollar General, Tractor Supply, Chase Bank and Dunkin Donuts
Over 10,000 vehicles pass per day
Pine Bush population: 384,486 with an average household income of $84,016 per annum
15 miles from Stewart Airport
35,700 sf HANNAFORD Supermarket on 6.6 acres with 207 car parking (6:1 parking)
Lease expiration: November, 2023 with FIVE, 5-year options thereafter
* possible expansion *
close to Route 302, I-84 and I-87
Neighboring tenants include Rite Aid, Mc Donald's, Dollar General, Tractor Supply, Chase Bank and Dunkin Donuts
Over 10,000 vehicles pass per day
Pine Bush population: 384,486 with an average household income of $84,016 per annum
15 miles from Stewart Airport
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Supermarket
Building Size
36,000 SF
Building Class
B
Year Built
2002
Price
$5,000,000
Price Per SF
$138.89
Cap Rate
3.30%
NOI
$165,000
Tenancy
Single
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.13
Lot Size
6.60 AC
Zoning
C5 - Central commercial district with continuous retail frontage intended for offices and retail establishments that serve the entire metropolitan region
Parking
207 Spaces (5.75 Spaces per 1,000 SF Leased)
Frontage
373’ on Ted Dr
AMENITIES
- Signage
- Air Conditioning
ABOUT 31 TED DR , PINE BUSH, NY 12566
Hannaford Supermarket- Triple AAA Credited Tenant, Large Parking Lot, Apart of Ahold Delhaize group situated on over 6 ACRES.
PROPERTY TAXES
| Parcel Number | 332600-008-000-0002-116.100-0000 | Improvements Assessment | $1,078,700 |
| Land Assessment | $96,000 | Total Assessment | $1,174,700 |
PROPERTY TAXES
Parcel Number
332600-008-000-0002-116.100-0000
Land Assessment
$96,000
Improvements Assessment
$1,078,700
Total Assessment
$1,174,700
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