40 Catherwood Rd - Department Store FOR SALE
Ithaca, NY 14850 |
40 Catherwood Rd
Ithaca, NY 14850
HIGHLIGHTS
- Absolute-Net Lease (Zero Landlord Responsibilities): 3 Years Remaining with 10% Increases Every Other Option.
- Corporate (NYSE: TGT) Guaranty: Target has 1,948 Locations & 400,000+ Employees Across All 50 States.
- Long Operating History: Target has Operated at this Location for 20+ Years & Recently Exercised First Option Showing Strength of Location.
- Limited to No Competition: Only Target within A 25-Mile Radius.
- Outparcel to The Shops at Ithaca Mall: A 622,920 SF / 58 Store Shopping Mall Shared with Other Major Retailers Michaels, Best Buy, Dick’s Sporting Goo
- Near Major Universities: Just 2 Miles from Target; Cornell University Enrolls 25,800+ Students. 5 Miles from Target, Ithaca College Enrolls 5,293 Stud
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
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BUILDING DETAILS
PROPERTY NAME
Target (NYSE:TGT) | Near Cornell University
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Department Store
ADD'L SUBTYPES
Convenience Store, Drug Store, Supermarket
TOTAL BUILDING SIZE
126000
STORIES
1
YEAR BUILT
2002
SPRINKLERS
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PARKING SPACES
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LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
503201-047-001-0001-024-000-0000
