614-710 Meadow St, Ithaca, NY 14850

180,640 SF | 100% Leased | Retail Building | Ithaca, NY 14850 | For Sale

Property Type: Retail
Square Feet: 180,640 SF

Listing Contacts

Ben Snyder

Zack Bates

Property Overview

Creekside Plaza is a 180,640 square-foot community center in Ithaca, NY anchored by Dick’s Sporting Goods, HomeGoods, Barnes & Noble and O’Reilly Auto Parts – with both Dick’s Sporting Goods and O’Reilly Auto Parts having recently executed brand new 10-year NNN leases. Currently 95.4%leased, Creekside Plaza also features a synergistic mix of small-shop tenants such as Verizon, Shoe Show, Sherwin Williams, and Orangetheory Fitness to name a few.
Broker of Record
Cory Rosenthal
License No. 10991237833 (NY)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
1600 West End,
Ste. 1500 Nashville, TN 37203

Property Details

Class: B
Year Built: 2001
Stories: 1
Lot Size (sq. ft): 250,034 SF

Highlights

DICK’S SPORTING GOODS & HOMEGOODS ANCHORED COMMUNITY CENTER | LONG-TERM NNN LEASES FROM ANCHORS WITH INVESTMENT GRADE CREDIT
IMMEDIATE LEASE-UP OPPORTUNITY TO INCREASE CASH FLOW | 8,220 SF OF VACANCY – 3 UNITS | 2,000 SF END CAP VACANCY WITH A DRIVE-THRU
STRONG RECENT LEASING MOMENTUM | NEW 10-YR DICK’S SPORTING GOODS LEASE + NEW 10-YR O’REILLY AUTO PARTS LEASE | NEARLY 50% OF OCCUPIED GLA
HIGH BARRIER TO ENTRY MARKET WITH BEST-IN-CLASS SHADOW ANCHORS | WEGMAN’S, WALMART & LOWE’S IN THE IMMEDIATE VICINITY
HIGHLY TRAFFICKED LOCATION IN THE HEART OF THE PRIMARY RETAIL CORRIDOR WITH GREAT VISIBILITY AND SIGNALIZED ACCESS
DESIRABLE IVY-LEAGUE COLLEGE TOWN REAL ESTATE | GROWING POPULATION – The Property benefits greatly from the dual-college town population

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