$750,000.00

Brookmead Retail Center & Development Site (Vacant Parcel) For Sale

Separate offering: now available vacant 8.2 acre parcel available adjacent to McDonald’s Pad site and Retail Plaza with common access easements and on a separate tax parcel. The property is cleared and level with excellent gravel soil. Utilities are municipal gas and water, and private septic system. Vacant land development ideal for supermarket, pharmacy, self-storage, warehouse and much more.

Highlights

  • Price aggressively at 10 CAP on actual income
  • NNN Ground lease, high volume McDonald’s w/ drive-thru current construction investment
  • Solid plaza tenancy with upside with in-placed rental increases
  • B-1 & I-3 zoning allowing high demand uses
  • Development Expansion Opportunity – 8.2 acres
  • Outstanding Demographics
  • Flexible Zoning; Business / Retail and Light Industrial
  • Rare Offering
  • Excellent Property in High Growth Corridor
  • High Traffic Count along Route 376: 12,302 AADT

Details

Purpose : Sell
Status : Active
Price : $750,000.00
Property Type : Land
Property Sub-type : Office
Address : 962-985 Route 376 And Van Wyck Road
City : Hopewell Junction
State : New York
Zip Code : 12590
Country : USA
Lot Size : 8.2 AC
Area : 40,000-50,000 Sq Ft
Zoning Description : B-1 & I-3: Business/Retail & Light Industrial
Latitude : 41.606201070310995
Longitude : -73.83532023173825

Features

High visibility corridor
Easy access in High Growth Office/Retail Corridor
Strong Demographics
Visible/High Traffic
Flexible Zone

Attachments

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Robert Buyakowski
Associate Broker, Land Development