uptown norwich plaza - loopnet

10
UPTOWN NORWICH PLAZA 6142 State Highway 12, Norwich, NY 13815 www.NorwichPlaza.com

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Page 1: Uptown Norwich plaza - LoopNet

UPTOWN NORWICH PLAZA6142 State Highway 12,

Norwich, NY 13815

www.NorwichPlaza.com

Page 2: Uptown Norwich plaza - LoopNet

SUMMARY

1. 8 Pros of the Uptown Norwich Plaza

2. Area description and market data

3. Your requirements

4. Your local competition

5. Maps

6. Pictures

7. Financial projections

Disclamer

The information contained herein has been provided by the property owner or obtained from sources deemed reliable. We make no representation or warranties, expressed or implied, as to the accuracy of the information. The Leasee must verify the information and bears all risk for any inaccuracies. Spaces are subject to price change, prior sale or lease, and withdrawal from the market without notice.

Page 3: Uptown Norwich plaza - LoopNet

PROPERTY HIGHLIGHTS

Description

•1,200 - 37,000 +/- SF available in the north end of the retail corridor.

•Co-Tenants: ALDI Food Market, Evolve Fitness, M&T Bank, Laundromat, Sew Nice, 3 gas stations and 3 restaurants in front of the property.

•Annual Average Daily Traffic - 5,118

•The City of Norwich New York is the county seat for Chenango County, New York. The city has long been the home of industry and commerce, including such world giants as Procter & Gamble.

•Chenango County lies on the northern edge of the southern tier region of New York State. Norwich is advantageously located within a 50 mile radius of the major cities of Binghamton, Syracuse, Utica, Cooperstown, and Oneonta.

Page 4: Uptown Norwich plaza - LoopNet

8 KEY PROS OF THE PLAZA

The only plaza serving northern area of Norwich City, NY.

The only plaza placed next to Route 12 & Route 320 Junction.

Constant daily traffic from ALDI Food

Market, M&T Bank Branch and a Fitness

center on the property.

Next to 3 gas stations & 3 restaurants.

Next to an upscaled residential area.

Very close to Norwich Golf Course.

444+ parking spaces, ratio 4.25:1

On the way to Norwich local airport.

Page 5: Uptown Norwich plaza - LoopNet

• Estimated median household income in 2015: $39,861 (it was $28,485 in 2000)

• Estimated per capita income in 2015: $21,539 (it was $17,339 in 2000)

• Estimated median house or condo value in 2015: $86,579 (it was $60,100 in 2000)

• Median gross rent in 2015: $649.

• Males: 3,080 (44.0%)

• Females: 3,929 (56.0%)

• Median resident age in Norwich: 35.4 years

• New York median age: 38.3 years

Estimated median household income in 2015: $39,861 (it was $28,485 in 2000)

• Norwich: $39,861

• New York: $60,850

AREA DESCRIPTION AND MARKET DATA

Page 6: Uptown Norwich plaza - LoopNet

UPTOWN NORWICH PLAZA FOOTPRINT

32 acres of property

Spaces between 1,200-37,000 SF

32 acres of property

We can remodel, renovate and create new layouts as needed

Large parking lot

Trucks access

Constant daily traffic

Page 7: Uptown Norwich plaza - LoopNet

PICTURES

Page 8: Uptown Norwich plaza - LoopNet

FINANCIALS (FOR SALE)

Rental Type: Retail

Gross Leasable Area: 104,083 SF

Year built: 1969

Walk Score: 29

Selling price: $2,400,000

Page 9: Uptown Norwich plaza - LoopNet

FINANCIALS (FOR LEASE)

Rental Type: Retail

Gross Leasable Area: 104,083 SF

Year built: 1969

Walk Score: 29

Rental Rate (up to 4000 SF):

$5,95/SF/Year long term or $7,95/SF/Year month to month

Rental Rate (over 4000SF):

$3,95 /SF/Year long term or $5,95/SF/Year month to month

CAM Charges (NNN Charges): 10% of the cost per/SF/Year

Page 10: Uptown Norwich plaza - LoopNet

OWNER’S LEASE DEPARTMENT

Contact:

Dragos Tranca – (609)-284.8512

[email protected]

6142 State Highway 12, Norwich, NY 13815

www.NorwichPlaza.com