40 Catherwood Rd | Ithaca, NY 14850
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- LoopNet Team
40 Catherwood Rd
Ithaca, NY 14850
Target · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Absolute-Net Lease (Zero Landlord Responsibilities) There are 3.4 years of lease term remaining with 10% increases every other option.
- Long-Operating History Target has operated at this location for 20+ years & recently exercised first option showing strength of location.
- Corporate Guarantee (NYSE: TGT) Target has 1,948 locations & 400,000 employees across all 50 states.
PROPERTY FACTS
Property Type
Building Size
126,000 SF
Building Class
B
Year Built
2002
Percent Leased
86%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.28
Lot Size
10.35 AC
Zoning
CHT - Commercial High Traffic
AMENITIES
- Food Court
- Kiosk/Cart Space
- Enclosed Mall
PROPERTY TAXES
| Parcel Number | 503201-047-001-0001-022-000-0000 | Improvements Assessment | $7,465,000 |
| Land Assessment | $235,000 | Total Assessment | $7,700,000 |
PROPERTY TAXES
Parcel Number
503201-047-001-0001-022-000-0000
Land Assessment
$235,000
Improvements Assessment
$7,465,000
Total Assessment
$7,700,000
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