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942 - 946 Route 376 - Summerlin Plaza - Summerlin Plaza East, Wappingers Falls, NY

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942 - 946 Route 376 - Summerlin Plaza - Summerlin Plaza East

Wappingers Falls, NY 12590 - Fishkill Submarket


Property Type:Retail Sub Type:Storefront Status:Existing Year Built:2002
Building Size:42,270 SF Land Area:5.44 AC (236,966 SF)
Smallest Space:1,000 SF Largest Space:5,590 SF Total Space Avail:14,010 SF Rent/SF/Yr:
$14.50
Parking:200 Surface spaces are available
Features:A/C, Corner Lot, Out Parcel, Signage, Center Mixed Use


Space Available:
Floor
SF Avail
Rent
Occupancy
Lease Term
Space Use
 1st
1,240 SF
$14.50/SF/Yr
Vacant
Negotiable
Retail
 1st
1,240 SF
$14.50/SF/Yr
Vacant
Negotiable
Retail
 2nd
5,590 SF
Negotiable
Vacant
Negotiable
Office
 2nd
1,240 SF
Negotiable
Vacant
Negotiable
Office
 2nd
1,500 SF
Negotiable
Vacant
Negotiable
Office
 2nd
1,000 SF
Negotiable
Vacant
Negotiable
Office
 2nd
2,200 SF
Negotiable
Vacant
Negotiable
Office
 
7519046
7519048
7519059
7519082
7519094
7519097
7519099
Space Notes Space Notes


Floor
SF Avail
Rent/SF/Yr
Occupancy
Lease Term
Space Use
1st
1,240 SF
$14.50/SF/Yr
Vacant
Negotiable
Retail
1st
1,240 SF
$14.50/SF/Yr
Vacant
Negotiable
Retail
2nd
5,590 SF
Negotiable
Vacant
Negotiable
Office
2nd
1,240 SF
Negotiable
Vacant
Negotiable
Office
2nd
1,500 SF
Negotiable
Vacant
Negotiable
Office
2nd
1,000 SF
Negotiable
Vacant
Negotiable
Office
2nd
2,200 SF
Negotiable
Vacant
Negotiable
Office
The centers are being offered as a combined package and are contiguous to one another on Route 376 in East Fishkill. The combined size of both centers is approximately 61,930 sq. ft. and they are currently 87% occupied. All tenants have leases with varying expirations, and the majority of the leases have annual escalations. The Owner is also will to hold up to 70% as a first mortgage.
The centers are referred to as Summerlin Plaza and Summerlin Plaza West. They are owned by the same owner who also manages both properties. The combined Actual In-Place NOI is $722,033 at 87% occupancy, with Proforma NOI of $850,835 at 100% occupancy. See the financial data and rent roll towards the back of the attached brochure.




Surrey Equities, LLC
Albert Silvera
(212) 619-0059
View all my listings


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