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725 Meadow St
Ithaca, NY 14850
Sleep Number Strip Center · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Dominant Retail Trade Area highlighted by low market vacancy and dynamic historical lease up of the subject property
  • Long Term Corporate Leases with Weighted Average Lease Term of 7.92 Years with roughly 93.5% of Gross Rental Income secured by Multi-Billion $ Company
  • Uncounted Population of 30,000 Students Enrolled
  • Unmatched location at the precipice of a signalized intersection leading to the main entrance of the major retail power center
  • NNN Leases & Very Low Management

PROPERTY FACTS

Property Type
Retail
Property Subtype
Freestanding
Building Size
8,200 SF
Building Class
C
Year Built
2015
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
1.39 AC
Zoning
CR - Commercial - Retail
Parking
15 Spaces (2.02 Spaces per 1,000 SF Leased)
Frontage
100’ on Meadow St

AMENITIES

  • Pylon Sign
  • Signage

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
500700 104.-1-1.3
Land Assessment
$250,000
Improvements Assessment
$900,000
Total Assessment
$1,150,000
  • Listing ID: 26050936

  • Date on Market: 6/29/2022

  • Last Updated:

  • Address: 725 Meadow St, Ithaca, NY 14850

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