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Cortlandville Crossing 848-854 State Route 13
236,980 SF 100% Leased Retail Building Cortland, NY 13045 $6,500,000 ($27/SF)
Investment Highlights
- 260,319 SF Supermarket-Anchored Center is Tenanted By a Mix of National and Regional Tenants.
- Currently, 49% Occupied, Offering Investors a Significant Value-Add Opportunity
Executive Summary
Route-13, 3 miles southwest of central downtown Cortland and 21 miles east of Ithaca.
Property Facts
Amenities
- Pylon Sign
- Enclosed Mall
- Drive Thru
MAJOR TENANTS
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease End
At Dollar Tree, their customers can expect to find an environment where shopping is fun. They're known for their “thrill-of-the-hunt” shopping experience where customers can discover new, exciting items every week, from everyday essentials to fun craft, seasonal, and party merchandise. Many of the items they carry sell for more elsewhere, which means that their customers can stretch their dollars to get the products they need at an extreme value. They remain fiercely committed to their mission of bringing their customers extreme value every day, along with more thrills, more fun & new items every week! Dollar Tree carries a broad, exciting mix of consumable, variety, and seasonal merchandise that includes many trusted national and regional brands. In the midst of massive growth, Dollar Tree remains committed to their original mission: giving customers extreme value at low prices. With stores in the U.S. and Canada, they are fulfilling that mission more now than ever before.
JCPenney was founded in 1902 with one simple rule – to treat others as they would like to be treated. The Golden Rule was the name of their first store in Kemmerer, Wyoming, and it set the standard by which they have operated for over a century. The name of their stores has evolved, but their focus on putting customers and associates at the heart of what they do remains unchanged. JCPenney’s history is bound to the legacy of their founder, James Cash Penney, who established honor, courage, service, and cooperation as guiding principles in the life of a JCPenney associate. These values have been at the forefront of their Company history and continue to guide them into the future. As one of the nation’s largest retailers of apparel, home, jewelry, and beauty merchandise, JCPenney has a portfolio of private and national brands of remarkable quality and exceptional value.
The Golub Corporation operates supermarkets under the Price Chopper, Market 32 and Market Bistro banners in New York, Connecticut, Massachusetts, Vermont, Pennsylvania and New Hampshire. They exist to help people feed and care for themselves and their families. As an innovative retailer of products and services, they recognize that consistently satisfying their customers is key to their success. They are committed to serving their: Customers by providing an overall experience that earns their long-term loyalty. Teammates by fostering a challenging, culturally diverse, friendly, participative, and rewarding environment. Communities by working in partnership to enrich and improve their quality of life. Shareholders by delivering a fair return on investment over the long term.
Today, Supercuts no-appointment-required salons across the country provide consistent, quality hair services to sensible people of all stripes. Whether it's a cut, color or nearly any other hair service, their expertly trained stylists know just what the customer wants - nothing more, nothing less. And as a finishing touch, they offer a Hot Towel Refresher® to help their customers feel fresh, while looking smart. In addition to their decades-long tradition of providing practical haircuts and services, they carry professional hair care products at reasonable prices, including Paul Mitchell, Biolage, Redken, American Crew, Nioxin and more. There's likely a Supercuts right in your neighborhood. So get directions, and make a beeline to the hair salon that just makes sense.
Tenant | Industry | SF OCCUPIED | RENT/SF | Lease End | ||
Retailer | 12,627 SF | - | - | |||
Retailer | 23,348 SF | - | - | |||
Retailer | 69,764 SF | - | - | |||
Services | 1,500 SF | - | - |
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 112289-095-020-0002-006-000-0001 | Improvements Assessment | $6,687,600 |
Land Assessment | $1,706,000 | Total Assessment | $8,393,600 |
PROPERTY TAXES
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Cortlandville Crossing | 848-854 State Route 13
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