uptown norwich plaza - loopnet
TRANSCRIPT
UPTOWN NORWICH PLAZA6142 State Highway 12,
Norwich, NY 13815
www.NorwichPlaza.com
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.
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.
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.
• 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
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
PICTURES
FINANCIALS (FOR SALE)
Rental Type: Retail
Gross Leasable Area: 104,083 SF
Year built: 1969
Walk Score: 29
Selling price: $2,400,000
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
OWNER’S LEASE DEPARTMENT
Contact:
Dragos Tranca – (609)-284.8512
6142 State Highway 12, Norwich, NY 13815
www.NorwichPlaza.com