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South Meadow Square 742 S Meadow St 1,310 - 11,910 SF of Retail Space Available in Ithaca, NY 14850
HIGHLIGHTS
- Market dominate center with 3 signalized entry points on heavily trafficked Rt 13
- Anchored by high-volume Walmart and TJ Maxx; New to center: Old Navy
- In the heart of the #1 college town in the United States, featuring Cornell University and Ithaca College
- KEY RETAILERS: Trader Joe's, Walmart, Lowe’s, TJ Maxx, HomeGoods, Tops Friendly Markets, Wegmans, Barnes & Noble, Old Navy
- VEHICLES PER DAY: 35,829
- POPULATION: 64,000 (within 5 miles)
SPACE AVAILABILITY (4)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 2,600 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Negotiable | ||
| 1st Floor | 2,000 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 1st Floor | 1,500-6,000 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 1st Floor | 1,310 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
324 Elmira Rd - 1st Floor
- Fully Built-Out as a Restaurant or Café Space
- Highly Desirable End Cap Space
- 2nd generation restaurant space
740 S Meadow St - 1st Floor
- Fully Built-Out as a Restaurant or Café Space
- Highly Desirable End Cap Space
- Fully built-out endcap restaurant space available
742-744 S Meadow St - 1st Floor
- Outparcel/pad coming soon
324 Elmira Rd - 1st Floor
- Fully Built-Out as a Restaurant or Café Space
- 2nd generation restaurant space
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS
| Total Space Available | 11,910 SF | Gross Leasable Area | 569,278 SF |
| Min. Divisible | 1,310 SF | Total Land Area | 61.40 AC |
| Center Type | Power Center | Year Built | 2004 |
| Center Properties | 8 |
| Total Space Available | 11,910 SF |
| Min. Divisible | 1,310 SF |
| Center Type | Power Center |
| Center Properties | 8 |
| Gross Leasable Area | 569,278 SF |
| Total Land Area | 61.40 AC |
| Year Built | 2004 |
ABOUT THE PROPERTY
Nestled in the Finger Lakes region of central New York at the southern tip of Cayuga Lake, South Meadow Square in Ithaca is located on highly trafficked S. Meadow Street (SR 13/34/96), the area’s major retail corridor. It services a 10-mile trade area of over 88,500 people, including students and faculty from nearby Cornell University and Ithaca College. The center’s strong tenant mix includes T.J. Maxx, Trader Joe’s, Ulta Beauty, Old Navy, Walmart and Lowe’s.8
NEARBY MAJOR RETAILERS
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South Meadow Square | 742 S Meadow St
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