35 Lake St
Monroe, NY 10950
Auction:8/7 - 8/9: 74 Millpond Parkway · Retail Property For Sale

Property tours are available by appointment ONLY. Please contact Isaac Kohannim at or Investment Highlights 25,635 SF shopping center with 485 SF outparcel Includes a fully leased 1,348 SF single family home on site Property is currently 98.23% leased at an average of $22/PSF Long term leases with a staggered expiration schedule On-site parking lot and street parking access Easy access to both US Route 6 and NYS Route 17M Property is located 4 miles from Woodbury Commons Outlets Investment Overview 74 Millpond Parkway (the "Property") is a 25,635 SF shopping center with 485 SF Retail and 1348 SF single family outparcels located in Monroe, New York. The Property is situated on the northeast corner of Lake Street and Millpond Parkway, one block east of NY 17M. It is currently 98.23% occupied, and is composed of 13 inline units, 1 retail outparcel building, and 1 single family home. The majority of tenants, excluding the residential building, hold long-term leases averaging 4.85 years. The average traffic count on Lake Street is approximately 9,634 cars per day. 74 Millpond Parkway is located in Monroe, a town in Orange County, NY. The area has an estimated 2017 population of 69,969 with a 5 miles radius of the property, with an average household income of $107,787. The average age is approximately 32.4, which is below that of the nation. The Property is less than 2 miles from both NY 17M and US 6, approximately 4 miles from the Woodbury Commons Outlets, and 55 miles northeast of New York City. This offering represents the opportunity to own a 98.23% occupied 25,635 SF shopping center, with both retail and single family outparcels, and long-term in-place leases.