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608 S Meadow St
Ithaca, NY 14850
Chili's Bar & Grill (Ground Lease) · Retail Property For Sale
Investment Highlights
- Best-in-Class Tenant | Outstanding Visibility and Accessibility
- 18-Year Operating History, Recent Lease Extension
- Attractive Rental Increases | Below Market Rent
- Top Performing Chili's Location | Recent Remodel
- 10-Year Absolute NNN Ground Lease | Excellent Demographics
- Outparcel to 230K SF Shopping Center, Prime Retail Corridor | Visits Up 25% from Pre-Pandemic Years
Property Facts
Property Type
Retail
Property Subtype
Restaurant
Building Size
5,677 SF
Building Class
C
Year Built
2004
Tenancy
Single
Building Height
1 Story
Building FAR
0.38
Lot Size
0.34 AC
Zoning
SW-2
Frontage
108’ on Meadow St
Amenities
- Signage
- Signalized Intersection
Property Taxes
| Parcel Number | 500700 102.-1-2.5 | Improvements Assessment | $950,000 |
| Land Assessment | $150,000 | Total Assessment | $1,100,000 |
Property Taxes
Parcel Number
500700 102.-1-2.5
Land Assessment
$150,000
Improvements Assessment
$950,000
Total Assessment
$1,100,000
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