848-854 State Route 13 | Cortland, NY 13045
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848-854 State Route 13
Cortland, NY 13045
Cortlandville Crossing · Retail Property For Sale
Investment Highlights
- 260,319 SF Supermarket-Anchored Center is Tenanted By a Mix of National and Regional Tenants.
- Currently, 49% Occupied, Offering Investors a Significant Value-Add Opportunity
Executive Summary
The subject property is a multi-tenant Price-Chopper, Marshall’s, Dollar Tree and JCPenney-anchored shopping center situated on the east side of State
Route-13, 3 miles southwest of central downtown Cortland and 21 miles east of Ithaca.
Route-13, 3 miles southwest of central downtown Cortland and 21 miles east of Ithaca.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Building Size
236,980 SF
Building Class
B
Year Built/Renovated
1991/2000
Price
£5,091,450
Price Per SF
£21
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Loading Docks
4 Exterior
Building FAR
0.25
Lot Size
21.63 AC
Zoning
05
Parking
1,070 Spaces (4.11 Spaces per 1,000 SF Leased)
Frontage
1,550 ft on Rt-13 Hwy
Amenities
- Pylon Sign
- Enclosed Mall
- Drive Thru
PROPERTY TAXES
Parcel Number | 112289-095-020-0002-006-000-0001 | Improvements Assessment | £5,238,397 |
Land Assessment | £1,336,310 | Total Assessment | £6,574,707 |
PROPERTY TAXES
Parcel Number
112289-095-020-0002-006-000-0001
Land Assessment
£1,336,310
Improvements Assessment
£5,238,397
Total Assessment
£6,574,707
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