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14 - 16 Demars Boulevard - Aubuchon Plaza, Tupper Lake, NY

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14 - 16 Demars Boulevard - Aubuchon Plaza

Route 3
Tupper Lake, NY 12986


Property Type:Retail Sub Type:- Status:Existing , Renov 2004 Year Built:1975
Building Size:28,994 SF Land Area:2.89 AC (125,888 SF)
For Sale Price:$1,272,000 Price/SF:$43.87
Cap Rate:9.00 %
Parking:Free Surface spaces are available; Ratio of 6.26/1,000 SF
Features:Pylon Sign


Situated on the main retail hub of Tupper Lake, this Adirondack community is currently experiencing an economic boom with Big Tupper Ski Resort scheduled to reopen winter 2004. The Natural History Museum, with a projected 125,000 visitors per year, scheduled to break ground this summer, and open in 2006. This 27,000SF strip center will be fully renovated in Spring of 2004 with Aubuchon Hardware expanding into 8,000SF and Dollar General occupying 8,000SF. In addition, other new tenants include Movie Gallery and the Tri Lakes Federal Credit Union.

Sale Notes:
Situated on the main retail hub of Tupper Lake, the Adirondack community is located in the heart of the Adirondack Mountains. This site is located approximately 1 mile from New York State Sunmount Campus, one of Tupper Lake's largest employers. Tupper Lake is also home to Big Tupper Ski Resort and the Tin Man Triathlon.
Upside Through Lease Up

Marcus & Millichap
Schuyler Boylan
(914) 397-1700
Joseph C French
(914) 397-1700



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