60-66 High St - Freestanding FOR SALE


Carthage, NY 13619
$5,269,675 USD
518-456-5440
60-66 High St, Carthage, NY for Sale
$5,269,675 USD
Freestanding - FOR SALE
1/9
null | 7.8% Cap Rate

60-66 High St
Carthage, NY 13619


HIGHLIGHTS

  • 52,831 SF supermarket-anchored retail center offered at an attractive 7.8% Cap Rate
  • Anchored by Price Chopper – only full-service grocer between Lowville and Watertown – 13 years remaining on lease
  • Price Chopper is responsible for parking lot and common area maintenance
  • Aubuchon Hardware – tenant since 1994. In a strong show of commitment, Aubuchon exercised its renewal option one year early.
  • Additional land on the east side of the plaza is available for development
  • Proximity to Fort Drum, a major economic driver in the region

OVERVIEW

PROPERTY OVERVIEW The Price Chopper Plaza is a well-established retail center anchored by Price Chopper, the only full-line supermarket serving the corridor between Lowville and Watertown. Price Chopper has 13 years remaining on its lease and is responsible for maintaining the plaza's parking lot and common areas. Aubuchon Hardware, a strong co-anchor, has been operating at the plaza since 1994 and holds renewal options through 2038. A physical therapy practice is scheduled to open in 2025, further enhancing the tenant mix. The property includes additional land on the east side of the plaza, offering potential for future development. Zoned as Arterial Service District (ASD), the site supports a wide range of commercial uses. LOCATION OVERVIEW Situated at the intersection of High Street and NYS Route 26 in West Carthage, NY, this 52,831-square-foot supermarket-anchored retail center offers exceptional visibility and accessibility. The plaza benefits from a daily traffic count of approximately 10,000 vehicles (Route 26 and High Street combined) and is located just 7 miles from Fort Drum, a significant U.S. Army installation that supports a population of over 35,000 soldiers, family members, and civilian employees. The surrounding retail landscape includes national brands such as Aldi, McDonald’s, Dunkin’, Family Dollar, Stewart’s Shops, Advance Auto Parts, NAPA Auto Parts, and Pizza Hut, all of which are currently operational and contribute to the area's robust consumer traffic.

FOR SALE DETAILS

PRICE

$5,269,675 USD

PRICE/SF

$100 USD /SF

CAP RATE

7.8%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1970

SPRINKLERS

-

PARKING SPACES

244

LAND DETAILS

LAND ACRES

6.23 AC

LAND SF

271,379 SF

ZONING

ASD

APN/PARCEL ID

223001-086-047-0001-035-100

ASK ABOUT THIS PROPERTY

Bruce GinsburgIKON Realty GroupMore Info
518-456-5440

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Bruce GinsburgIKON Realty GroupMore Info
518-456-5440

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.